Suromurchhana Inc

Analysis

Suromurchhana Inc is a registered charity in United States, based in Long Is City, NY. It received its IRS tax-exemption ruling in September 2018, 8 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, Suromurchhana Inc reported income of $61k and spending of $60k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14k to $61k (+326%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 138%. 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, Suromurchhana Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Klamath Film ($61k), Friends of Isola Delle Femmine ($61k) and Young Peoples Philharmonic of Lehigh Valley ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.