Sarvodaya USA Corporation

Analysis

Sarvodaya USA Corporation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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, Sarvodaya USA Corporation reported income of $1.5m and spending of $1.0m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $1.5m (+332%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 220%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sarvodaya USA Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Center Against Abuse Sexual Assault Caasa ($1.5m), Oklahoma Bnai Brith Hillel Foundation ($1.5m) and Stlventuresworks ($1.5m).

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 $2.1m against liabilities of $1.5m, net assets of $589k.