Greater Washington Telugu Cultural Sangam Inc

Analysis

Greater Washington Telugu Cultural Sangam Inc is a registered charity in United States, based in Gaithersburg, MD. It received its IRS tax-exemption ruling in October 2023, 3 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, Greater Washington Telugu Cultural Sangam Inc reported income of $77k and spending of $76k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $67k to $77k (+16%), an average of +5.0% a year. The sharpest change came in the year to December 2022, when income rose by 319%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Washington Telugu Cultural Sangam Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Big Rock Historical Society ($77k), Swaravedika ($77k) and Jennings County Community BLDG & 4- Ctr Inc Jennings Cty Fair Board ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.