Kannada Koota of Northern

Analysis

Kannada Koota of Northern is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in July 2006, 20 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, Kannada Koota of Northern reported income of $607k and spending of $612k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $499k to $607k (+22%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kannada Koota of Northern sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Madison County Historical Society ($607k), Free Arts for Abused Children ($607k) and Winthrop Music Association ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. At year end it held assets of $533k against liabilities of $0, net assets of $533k.