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Bhindi Foundation

RegisteredEIN 87-3747365Artesia, CAEducation and training
Income$1.2m2023-12
Spending$98ksame year
Spent / received5.1%3-year average
Size in its cause77th pctEducation and training
Exempt since2022Publicly supported organisat
Employees0latest return

Analysis

Bhindi Foundation is a registered charity in United States, based in Artesia, CA. It received its IRS tax-exemption ruling in February 2022, 4 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, Bhindi Foundation reported income of $1.2m and spending of $98k, leaving 92% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.1m to $1.2m (+5.6%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 5.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bhindi Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Rock Academy Inc ($1.2m), Pacific States University ($1.2m) and Arlington Montessori House ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.

Income and spending

$0$293k$586k$879k$1.2m2021 Income: $1,110,1542021 Spending: $020212022 Income: $872,1542022 Spending: $63,90820222023 Income: $1,172,3762023 Spending: $97,9792023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
Rock Academy IncPhenix City$1.2m
Pacific States UniversityLos Angeles$1.2m
Arlington Montessori HouseArlington$1.2m
Orange Education Foundation IncOrange$1.2m