Telugu Assoc of Greater Chicago

Analysis

Telugu Assoc of Greater Chicago is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in December 1975, 51 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, Telugu Assoc of Greater Chicago reported income of $225k and spending of $214k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $225k (+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 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Telugu Assoc of Greater Chicago sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Kaleido Incorporated ($225k), Mack Trucks Historical Museum ($225k) and Ballet Des Ameriques School & Company Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.