Balaji Matha

Analysis

Balaji Matha is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Balaji Matha reported income of $512k and spending of $65k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $512k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Balaji Matha sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Burmese Muslim Education and Community Center Inc ($512k), El Paso Texas Ignite Movement ($513k) and In His Grip Ministries ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.