Veda Geetha Foundation Org

Analysis

Veda Geetha Foundation Org is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2014, 12 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, Veda Geetha Foundation Org reported income of $388k and spending of $322k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $388k (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 68%. 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, Veda Geetha Foundation Org sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Adams County Historical Society ($387k), Museum of Friends ($388k) and Dance New England Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $46k (14% of expenses). At year end it held assets of $946k against liabilities of $8,775, net assets of $937k. It reported 2 employees.