Chhandam Institute of Kathak Dance Inc

Analysis

Chhandam Institute of Kathak Dance Inc is a registered charity in United States, based in Stow, MA. It received its IRS tax-exemption ruling in August 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chhandam Institute of Kathak Dance Inc reported income of $146k and spending of $146k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $146k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chhandam Institute of Kathak Dance Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include The Actors Group Tag ($146k), Star Spangled Banner Flag House Association Incorporated ($146k) and Bengali Association of Greater Atlanta ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $392k against liabilities of $11k, net assets of $381k.