Telugu Association of the Jacksonville Area

Analysis

Telugu Association of the Jacksonville Area is a registered charity in United States, based in Saint Johns, FL. It received its IRS tax-exemption ruling in December 2007, 19 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 (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, Telugu Association of the Jacksonville Area reported income of $138k and spending of $126k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $138k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Telugu Association of the Jacksonville Area sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Reflections Series Inc ($138k), Heider Center Arts Board Inc ($138k) and Newark Arts Alliance Inc ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.