Spiritual and Veda Alama Suda

Analysis

Spiritual and Veda Alama Suda is a registered charity in United States, based in Swedesboro, NJ. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Spiritual and Veda Alama Suda reported income of $905k and spending of $595k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $905k (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spiritual and Veda Alama Suda sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Will Motivation Inc ($904k), I B E W Local 163 Joint Apprentice & Training Committe ($905k) and Detroit Food & Entrepreneurship Academy ($904k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $74k (12% of expenses). Other salaries and wages came to $42k. At year end it held assets of $3.2m against liabilities of $153k, net assets of $3.1m. It reported 6 employees.