Vanguri Foundation of America

Analysis

Vanguri Foundation of America is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in August 1996, 30 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 (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, Vanguri Foundation of America reported income of $265k and spending of $288k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $295k to $265k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vanguri Foundation of America sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Kingsmen Shakespeare Company ($265k), Lucie Awards NFP ($265k) and Sumter Gallery of Art ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.