New Jersey Tamil Sangam Inc

Analysis

New Jersey Tamil Sangam Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 2005, 21 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, New Jersey Tamil Sangam Inc reported income of $57k and spending of $46k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $57k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Jersey Tamil Sangam Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Montrose Center for the Arts ($57k), Canterbury Guild Inc ($57k) and Science Live Productions Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 63% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.