Bhartiya Samaj of Central Florida Inc

Analysis

Bhartiya Samaj of Central Florida Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in January 2011, 15 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, Bhartiya Samaj of Central Florida Inc reported income of $91k and spending of $76k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $81k to $91k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 23672%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bhartiya Samaj of Central Florida Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Theatre Arts for Everyone ($91k), Cooperstown Theatre Festival Inc ($91k) and Theater Project a NJ Nonprofit Corporation ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.