Chhandayan Inc

Analysis

Chhandayan Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chhandayan Inc reported income of $291k and spending of $260k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $291k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chhandayan Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Education Resource Fund ($291k), Briar Woods High School Music Booster Association Bwhsmba ($291k) and Centennial High School Band Boosters ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $15k (5.8% of expenses). Other salaries and wages came to $10k. At year end it held assets of $156k against liabilities of $16k, net assets of $141k. It reported 1 employees.