North America Telugu Society Inc

Analysis

North America Telugu Society Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 2009, 17 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, North America Telugu Society Inc reported income of $3.4m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $3.4m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North America Telugu Society Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include The Mobile Museum of Art Inc ($3.4m), P a S T Foundation ($3.4m) and Davis Performing Arts Association ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.