Richmond Tamil Sangam

Analysis

Richmond Tamil Sangam is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in December 2000, 26 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, Richmond Tamil Sangam reported income of $107k and spending of $71k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $33k to $107k (+227%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Richmond Tamil Sangam sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include American Friends of the Art Gallery of Ontario Inc ($107k), M-Base Concepts Inc ($107k) and Arts Administrators of Color DMV Network ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $109k against liabilities of $31k, net assets of $77k.