Bharatiya Vidya Bhavan USA Inc

Analysis

Bharatiya Vidya Bhavan USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1985, 41 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bharatiya Vidya Bhavan USA Inc reported income of $161k and spending of $189k, spending 118% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income grew from $160k to $161k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bharatiya Vidya Bhavan USA Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Side by Side Studio ($161k), Hudson Valley Center for Contemporary Art ($161k) and Flint Hills Shakespeare Festival Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 4.4% of the total. At year end it held assets of $24k against liabilities of $688k, net assets of -$664k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.