Brihanmharashtra Mandal of North America Inc

Analysis

Brihanmharashtra Mandal of North America Inc is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in December 1981, 45 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, Brihanmharashtra Mandal of North America Inc reported income of $376k and spending of $333k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $376k (+237%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 401%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brihanmharashtra Mandal of North America Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Ohio Alliance for Arts Education ($376k), Street Symphony Project Inc ($376k) and Salisbury Symphony Inc ($376k).

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 $809k against liabilities of $0, net assets of $809k.