International Swaminarayan Satsang Organization

Analysis

International Swaminarayan Satsang Organization is a registered charity in United States, based in Norwalk, CA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 2022, International Swaminarayan Satsang Organization reported income of $11.4m and spending of $7.5m, leaving 34% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $9.5m to $11.4m (+20%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Swaminarayan Satsang Organization sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Presbyterian Manors of Mid America Inc ($11.4m), Alliance Health Services ($11.4m) and Episcopal Divinity School ($11.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $71.0m against liabilities of $15.5m, net assets of $55.5m.