Gurdwara Akaljot

Analysis

Gurdwara Akaljot is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in August 2007, 19 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, Gurdwara Akaljot reported income of $273k and spending of $100k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $440k to $273k (-38%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gurdwara Akaljot sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Mountain Top Ministries Inc ($273k), Boston Collaborative Inc ($273k) and International University and Theological Seminary ($273k).

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 $624k against liabilities of $27k, net assets of $597k. It reported 2 employees.