California Tamil Academy

Analysis

California Tamil Academy is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, California Tamil Academy reported income of $1.1m and spending of $1.3m, spending 116% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.1m to $1.1m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to July 2023, when income rose by 20%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Tamil Academy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include West Gilbert Charter Middle School Inc ($1.1m), Florida Masonry Apprentice and Education Foundation Inc ($1.1m) and Education Equals Hope Inc ($1.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. At year end it held assets of $2.0m against liabilities of $475, net assets of $2.0m.