Mallige Kannada Association of North Texas

Analysis

Mallige Kannada Association of North Texas is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2024, Mallige Kannada Association of North Texas reported income of $145k and spending of $133k, spending 92% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $78k to $145k (+87%), an average of +86% a year. The sharpest change came in the year to March 2024, when income rose by 87%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mallige Kannada Association of North Texas sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Shenandoah County Library Foundation ($145k), Sunnyside Christian School Foundation ($145k) and Tools for Peace ($145k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.