Telugu Society of America Inc

Analysis

Telugu Society of America Inc is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in February 2003, 23 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, Telugu Society of America Inc reported income of $77k and spending of $37k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $77k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Telugu Society of America Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Unified School District 248 Education Foundation ($77k), Bakersfield Association of Realtors Charitable Foundation Inc ($77k) and United Union of Roofers Waterproofers & Allied Workers ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.