Sree Narayana Association of North America Inc

Analysis

Sree Narayana Association of North America Inc is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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 December 2023, Sree Narayana Association of North America Inc reported income of $63k and spending of $93k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $63k (-49%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sree Narayana Association of North America Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Hawley Emergency Response Team Inc ($63k), PTA California Congress of Parents Teachers & Students Inc ($63k) and Orthodox Christian Laity ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $466k against liabilities of $0, net assets of $466k.