Thiruvalluvar Tamil Palli

Analysis

Thiruvalluvar Tamil Palli is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in October 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, Thiruvalluvar Tamil Palli reported income of $104k and spending of $59k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $104k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thiruvalluvar Tamil Palli sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Mansfield Community Theatre ($104k), Brookings Arts Council ($104k) and Huntingdon Landmarks Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.