Bharatiya Cultural Center Inc

Analysis

Bharatiya Cultural Center Inc is a registered charity in United States, based in Montgomeryvle, PA. It received its IRS tax-exemption ruling in April 2003, 23 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, Bharatiya Cultural Center Inc reported income of $232k and spending of $146k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $198k to $232k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bharatiya Cultural Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include The Portland Players Inc ($232k), The Paradise Center ($232k) and Civic Ballet Company of Scranton ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $325k against liabilities of $32k, net assets of $293k.