Bhartiya Mandal Foundation

Analysis

Bhartiya Mandal Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2016, 10 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, Bhartiya Mandal Foundation reported income of $451k and spending of $316k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $282k to $451k (+60%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bhartiya Mandal Foundation 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 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include African Heritage Inc ($451k), Maturango Museum of Indian Wells Valley ($451k) and Early Music Guild of Seattle ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $329k against liabilities of $1,183, net assets of $328k.