Chitresh Das Institute

Analysis

Chitresh Das Institute is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2017, 9 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, Chitresh Das Institute reported income of $370k and spending of $381k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $291k to $370k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chitresh Das Institute sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Cangelosi Dance Project Inc ($370k), Chestertown Arts League Inc ($370k) and National Automotive and Truck Museum of the United States Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $164k (43% of expenses). Other salaries and wages came to $27k. At year end it held assets of $304k against liabilities of $23k, net assets of $281k. It reported 9 employees.