Gujarati Heritage Association Inc

Analysis

Gujarati Heritage Association Inc is a registered charity in United States, based in San Benito, TX. It received its IRS tax-exemption ruling in November 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, Gujarati Heritage Association Inc reported income of $80k and spending of $22k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $80k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gujarati Heritage Association Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Benevolent Society Eleftheriani U S & Canada Inc ($80k), Pocahontas Reframed- Native American Storytellers Film Festiva ($80k) and Rawkstars Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.