Telugu Bhavan Inc

Analysis

Telugu Bhavan Inc is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Telugu Bhavan Inc reported income of $51k and spending of $39k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $400k to $51k (-87%), an average of -40% a year. The sharpest change came in the year to December 2021, when income rose by 454%. Over the whole period it spent 14% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Telugu Bhavan Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include We Remember You Inc ($51k), Heart of a Hero Inc ($51k) and Sparrow Project ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.