Nit Trichy USA Alumni Chapter

Analysis

Nit Trichy USA Alumni Chapter is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2019, 7 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, Nit Trichy USA Alumni Chapter reported income of $81k and spending of $5,720, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $81k (-14%), an average of -14% a year. Over the whole period it spent 7.4% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nit Trichy USA Alumni Chapter sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Lakes Region Community Services Foundation ($80k), Polk County and Bolivar Charitable Trust ($81k) and B F Johnson Community Center Inc ($80k).

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 $363k against liabilities of $0, net assets of $363k.