Udavum Karangal of USA

Analysis

Udavum Karangal of USA is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Udavum Karangal of USA reported income of $928k and spending of $407k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $641k to $928k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Udavum Karangal of USA sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Elizabethtown Community Housing & Outreach Services ($928k), Childrens Village Inc ($928k) and Safe Organized Spaces Richmond ($928k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.