The Ravi & Shashi Bellare Arts Foundation

Analysis

The Ravi & Shashi Bellare Arts Foundation is a registered charity in United States, based in Chino Hills, CA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The Ravi & Shashi Bellare Arts Foundation reported income of $172k and spending of $150k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $172k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ravi & Shashi Bellare Arts Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($172k), Center for the Living Arts ($172k) and Georgia Extension 4-H Foundation ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $60k against liabilities of $0, net assets of $60k.