Vidyaranya Kannada Kuta

Analysis

Vidyaranya Kannada Kuta is a registered charity in United States, based in Bolingbrook, IL. It received its IRS tax-exemption ruling in January 1994, 32 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, Vidyaranya Kannada Kuta reported income of $117k and spending of $102k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $117k (+11%), an average of +11% a year. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vidyaranya Kannada Kuta sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Brummer Legacy Foundation Inc ($117k), Evergreen Productions Inc ($117k) and Barry Lopez Foundation for Art & Environment ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 8.6% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.