Capitol Area Telugu Society

Analysis

Capitol Area Telugu Society is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Capitol Area Telugu Society reported income of $116k and spending of $163k, spending 141% of what it took in. Over the whole period it spent 141% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Capitol Area Telugu Society sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MD. Charities of a similar size with the same main cause include Ballantyne Families Helping Neighbors in Need ($115k), Baby Foundation ($116k) and Lake Basin Seniors Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,237 against liabilities of $0, net assets of $5,237.