Beats of Redmond Mitra Mandal

Analysis

Beats of Redmond Mitra Mandal is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in February 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 (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, Beats of Redmond Mitra Mandal reported income of $600k and spending of $131k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $203k to $600k (+195%), an average of +195% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beats of Redmond Mitra Mandal sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Komera Inc ($600k), West Salem High School Education Foundation ($600k) and Independent School of Winchester ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $676k against liabilities of $0, net assets of $676k.