Saurashtra Patel Cultural Samaj

Analysis

Saurashtra Patel Cultural Samaj is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in March 1983, 43 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 May 2023, Saurashtra Patel Cultural Samaj reported income of $2.0m and spending of $1.1m, leaving 45% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.2m to $2.0m (+72%), an average of +15% a year. The sharpest change came in the year to May 2023, when income rose by 282%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saurashtra Patel Cultural Samaj sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Japanese Friendship Garden of Phoenix Inc ($2.0m), Harmony Project Productions Inc ($2.0m) and Fullerton Historic Theatre Foundation ($2.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.9m against liabilities of $0, net assets of $2.9m.