Chitrapur Heritage Foundation USA Inc

Analysis

Chitrapur Heritage Foundation USA Inc is a registered charity in United States, based in Langhorne, PA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 April 2023, Chitrapur Heritage Foundation USA Inc reported income of $354k and spending of $362k, spending 102% of its income. Across the 3 years on record, from April 2020 to April 2023, income grew from $175k to $354k (+102%), an average of +42% a year. The sharpest change came in the year to April 2021, when income rose by 231%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chitrapur Heritage Foundation USA Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Unity Temple Restoration Foundation ($354k), Grace-Based Films Inc ($354k) and Christian Training and Missionary Fellowship Inc ($354k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $2,500, net assets of $149k.