Kancherla Kamtamneni Charitable
- Assets
- $722.7k
- Revenue
- $104.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Poughkeepsie, NY
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 27-4224160
Organization Overview
Kancherla Kamtamneni Charitable is located in Poughkeepsie, NY. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kancherla Kamtamneni Charitable is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Kancherla Kamtamneni Charitable generated $104.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $43.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kancherla Kamtamneni Charitable has awarded 18 individual grants totaling $196,713. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramamohana Kancherla President | 0.5 | $0 | |
Krishna Kancherla Director | 0.5 | $0 | |
Priyanka Kancherla Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $101,001 |
| Interest on Savings | $3,078 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,079 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $950 |
| Contributions, gifts, grants paid | $42,263 |
| Total expenses and disbursements | $43,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,946 |
| Savings and temporary cash investments | $602,783 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $722,729 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kancherla Kamtamneni Charitable has awarded $42,263 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EKAL VIDHYALAY PURPOSE: CHARITY | $3,650 |
HINDU SAMAJ INC PURPOSE: CHARITY | $1,604 |
SANKARA EYE FOUNDATION PURPOSE: CHARITY | $25,000 |
DUTCHESS OUTREACH PURPOSE: CHARITY | $7,009 |
RMCANA PURPOSE: CHARITY | $5,000 |