Jain Sangh of New England
Analysis
Jain Sangh of New England is a registered charity in United States, based in Burlington, MA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2020, Jain Sangh of New England reported income of $226k and spending of $132k, leaving 42% of income unspent that year. Across the 2 years on record, from June 2019 to June 2020, income fell from $272k to $226k (-17%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 53% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Jain Sangh of New England sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Torah in Motion USA Inc ($226k), Iglesia Cristiana Ministerios Fuente de Poder ($226k) and Peak Worship Inc ($226k).
On its Form 990 for the period ending June 2020, revenue came from contributions and grants 94% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Torah in Motion USA Inc | Bergenfield | $226k |
| Iglesia Cristiana Ministerios Fuente de Poder | N Hollywood | $226k |
| Peak Worship Inc | Lakeland | $226k |
| Give Em Jesus | Ruston | $226k |