North Carolina Telugu Brahmin Association Corp

Analysis

North Carolina Telugu Brahmin Association Corp is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in May 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolina Telugu Brahmin Association Corp reported income of $64k and spending of $28k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $64k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Carolina Telugu Brahmin Association Corp sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within NC. Charities of a similar size with the same main cause include Rudram Inc ($64k), Mountainside Master Chorale Inc ($64k) and Word Dance Theatre Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 30% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.