Shri Padmavati Shakti Peeth Inc

Analysis

Shri Padmavati Shakti Peeth Inc is a registered charity in United States, based in Syosset, NY. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shri Padmavati Shakti Peeth Inc reported income of $77k and spending of $80k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2,236 to $77k (+3360%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 54003%. Over the whole period it spent 178% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shri Padmavati Shakti Peeth Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include St Kevork Armenian Apostolic Church of Oregon ($77k), Esperanza Missions Inc ($77k) and Iglesia Casa de Refugio Inc ($77k).

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 $137k against liabilities of $0, net assets of $137k.