India Religious and Cultural Center Inc

Analysis

India Religious and Cultural Center Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in January 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, India Religious and Cultural Center Inc reported income of $66k and spending of $45k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $66k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Religious and Cultural Center Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Cazarts Inc ($66k), East Tennessee Veterans Memorial Association ($66k) and Brooklyn Chamber Music Society Ltd ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 27% of the total. At year end it held assets of $464k against liabilities of $44k, net assets of $420k.