Gurjar Gujarati Association of New England Inc

Analysis

Gurjar Gujarati Association of New England Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2024, Gurjar Gujarati Association of New England Inc reported income of $128k and spending of $83k, leaving 35% of income unspent that year. Across the 3 years on record, from May 2021 to May 2024, income grew from $5,218 to $128k (+2351%), an average of +395% a year. The sharpest change came in the year to May 2023, when income rose by 2213%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gurjar Gujarati Association of New England Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Ihsaa Achieve Foundation ($128k), Sweet Adelines International ($128k) and Louisiana Fur and Wildlife Festival Inc ($128k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 92% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.