Vaishnav Samaj of Arizona Inc
Analysis
Vaishnav Samaj of Arizona Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 2006, 20 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, Vaishnav Samaj of Arizona Inc reported income of $243k and spending of $110k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $243k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 37% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Vaishnav Samaj of Arizona Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within AZ. Charities of a similar size with the same main cause include Christ to the World Ministries ($243k), Kunzang Gatshal Foundation ($243k) and Global Impact Network Inc ($243k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $3.6m against liabilities of $220k, net assets of $3.4m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Christ to the World Ministries | Judson | $243k |
| Kunzang Gatshal Foundation | Delhi | $243k |
| Global Impact Network Inc | Keller | $243k |
| People Loving People Inc | Dresser | $243k |