Subramaniam Charitable Foundation

Analysis

Subramaniam Charitable Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Subramaniam Charitable Foundation reported income of $553k and spending of $176k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $553k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 14% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Subramaniam Charitable Foundation sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include The Broadview Cares Foundation Inc ($553k), Social Venture Partners ($553k) and Chasdei David Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m.