Havyaka Association of the Americas

Analysis

Havyaka Association of the Americas is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in November 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Havyaka Association of the Americas reported income of $126k and spending of $35k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $126k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Havyaka Association of the Americas sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 51st percentile within NJ. Charities of a similar size with the same main cause include Steve Sampson Ministries Inc ($126k), United Way of Clinton County Inc ($127k) and Maine Hospice Council Inc ($126k).

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 $213k against liabilities of $1,900, net assets of $211k.