Bharat Swabhiman Overseas Inc

Analysis

Bharat Swabhiman Overseas Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bharat Swabhiman Overseas Inc reported income of $107k and spending of $32k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $105k to $107k (+2.2%), an average of +1.1% a year. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bharat Swabhiman Overseas Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Texas Country Music Hall of Fame ($107k), Youth Choral Theater of Chicago ($107k) and Yesod Yosef Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.