Maharashtra Mandal of Detroit Incorporated

Analysis

Maharashtra Mandal of Detroit Incorporated is a registered charity in United States, based in Farmington, MI. It received its IRS tax-exemption ruling in March 1991, 35 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, Maharashtra Mandal of Detroit Incorporated reported income of $197k and spending of $193k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $197k (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maharashtra Mandal of Detroit Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Fulton Historical Society ($197k), Childrens Theatre of Charleston Inc ($197k) and Kinetic Tapestry Physical Theatre Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 70% of the total. At year end it held assets of $299k against liabilities of $13k, net assets of $286k.