Institute for Promotion of Vediceducation and Culture Inc

Analysis

Institute for Promotion of Vediceducation and Culture Inc is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in January 2007, 19 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, Institute for Promotion of Vediceducation and Culture Inc reported income of $69k and spending of $70k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $69k (-8.7%), an average of -8.7% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Promotion of Vediceducation and Culture Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Woodstown-Pilesgrove Library Association ($69k), Walpole Public Library Endowment Trust ($69k) and Writespace ($69k).

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 $1,145 against liabilities of $0, net assets of $1,145.