Spiritual Science Researchfoundation Inc
Analysis
Spiritual Science Researchfoundation Inc is a registered charity in United States, based in Mount Laurel, NJ. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Spiritual Science Researchfoundation Inc reported income of $76k and spending of $428k, spending 560% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $210k to $76k (-64%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 146% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spiritual Science Researchfoundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include National Coalition of 100 Black Women Inc Oakland-Bay Area Chapter ($76k), Sacred Heart St Joseph St Vincent de Paul ($76k) and FTHP Inc ($76k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| National Coalition of 100 Black Women Inc Oakland-Bay Area Chapter | Oakland | $76k |
| Sacred Heart St Joseph St Vincent de Paul | Greenville | $76k |
| FTHP Inc | Smyrna | $76k |
| Omega Lambda Iota Social Action and Scholarship Foundation Inc | Columbus | $76k |