Gujarati Samaj of Tampa Bay Inc

Analysis

Gujarati Samaj of Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Gujarati Samaj of Tampa Bay Inc reported income of $788k and spending of $641k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $800k to $788k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 917%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gujarati Samaj of Tampa Bay Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Nita Stewart Haley Memorial Library ($788k), Montessori Childrens Cottage Inc ($788k) and Casas Del Rio ($788k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.