Chicago Tyagaraja Utsavam

Analysis

Chicago Tyagaraja Utsavam is a registered charity in United States, based in Villa Park, IL. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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, Chicago Tyagaraja Utsavam reported income of $95k and spending of $63k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $95k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Tyagaraja Utsavam sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Stoughton Youth Athletic Club Inc ($95k), Bridge Regional Partners Inc ($95k) and Little League Baseball Inc ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $437k against liabilities of $0, net assets of $437k.