Tamil Nadu Foundation Inc

Analysis

Tamil Nadu Foundation Inc is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in January 1974, 52 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Tamil Nadu Foundation Inc reported income of $2.0m and spending of $2.4m, spending 117% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $804k to $2.0m (+155%), an average of +37% a year. The sharpest change came in the year to March 2022, when income rose by 215%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tamil Nadu Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Alexander M and June L Maisin Foundation ($2.0m), Supporting Kids Athletics & Education ($2.0m) and Golf Fights Cancer Inc ($2.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.