Shri Krupa Dance Foundation of San Jose

Analysis

Shri Krupa Dance Foundation of San Jose is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in March 1994, 32 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 June 2023, Shri Krupa Dance Foundation of San Jose reported income of $88k and spending of $53k, leaving 40% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $40k to $88k (+122%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 145%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shri Krupa Dance Foundation of San Jose sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Morning Star News International Inc ($88k), Teotl Foundation Inc ($88k) and Friends of the Cynwyd Trail Inc ($88k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.