South India Fine Arts

Analysis

South India Fine Arts is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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 January 2024, South India Fine Arts reported income of $251k and spending of $239k, spending 95% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $90k to $251k (+179%), an average of +179% a year. The sharpest change came in the year to January 2024, when income rose by 179%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South India Fine Arts sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Woodson YMCA Foundation Inc ($251k), Salisbury Fire Department Incorporated ($251k) and Meadowbrook Center for Learning Differences ($251k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.