Bharathi Tamil Academy

Analysis

Bharathi Tamil Academy is a registered charity in United States, based in Sammamish, WA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bharathi Tamil Academy reported income of $60k and spending of $34k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $60k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bharathi Tamil Academy sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 18th percentile within WA. Charities of a similar size with the same main cause include The Grey Foundation Americas Inc ($60k), International Exploration Society ($60k) and Mt Olive Academic Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $91k against liabilities of $0, net assets of $91k.