Anandashram Charitable Foundation Inc

Analysis

Anandashram Charitable Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Anandashram Charitable Foundation Inc reported income of $54k and spending of $62k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $54k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Anandashram Charitable Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include DJR Foundation ($54k), Mater Dei Foundation Inc ($55k) and Virginia Trial Lawyers Foundation Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $357, net assets of $39k.