Karnataka Cultural Association of Southern California

Analysis

Karnataka Cultural Association of Southern California is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Karnataka Cultural Association of Southern California reported income of $164k and spending of $212k, spending 129% of what it took in. Across the 2 years on record, from December 2019 to December 2023, income grew from $52k to $164k (+213%), an average of +213% a year. The sharpest change came in the year to December 2023, when income rose by 213%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Karnataka Cultural Association of Southern California sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Project Intentional Inc ($164k), Eatwell Exchange Inc ($164k) and Iron County Senior Citizens Organization Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 97% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.