Washington Telugu Samithi Org

Analysis

Washington Telugu Samithi Org is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in April 2003, 23 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 (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, Washington Telugu Samithi Org reported income of $307k and spending of $303k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $201k to $307k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Washington Telugu Samithi Org sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Buntport Theater Company ($307k), Gallery Players of Oregon ($307k) and Committee to Protect Our Lenox Hill Neighborhood Inc ($307k).

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 $89k against liabilities of $0, net assets of $89k.