Maharashtra Mandal-Chicago

Analysis

Maharashtra Mandal-Chicago is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in November 1976, 50 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-Chicago reported income of $287k and spending of $273k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $287k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 94% 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-Chicago sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Festivals of Meriden Inc ($287k), William Baker Choral Foundation ($287k) and Royal Stage Christian Performing Arts ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 89% of the total. At year end it held assets of $238k against liabilities of $0, net assets of $238k.