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Ananda Marga Inc

RegisteredEIN 23-7165910Madison, WIOther charitable purposes
Income$65k2023-12
Spending$79ksame year
Spent / received96%5-year average
Size in its cause25th pctOther charitable purposes
Exempt since1972Church
Employees0latest return

Analysis

Ananda Marga Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in June 1972, 54 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 2023, Ananda Marga Inc reported income of $65k and spending of $79k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $66k to $65k (-1.4%), an average of -0.4% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ananda Marga Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Arcadia High School Chinese Parents Booster Club ($65k), Champaign County Extension Education Foundation ($65k) and Five Cities Christian Women ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 93% of the total. At year end it held assets of $529k against liabilities of $3,205, net assets of $526k.

Income and spending

$0$20k$40k$59k$79k2019 Income: $66,2142019 Spending: $54,81520192020 Income: $63,6002020 Spending: $57,56420202021 Income: $66,3252021 Spending: $48,94120212022 Income: $64,2252022 Spending: $71,82720222023 Income: $65,2742023 Spending: $79,1102023
IncomeSpending

Where the income comes from

  • Contributions & grants 2.2%
  • Program services 93%
  • Other 4.6%

Similar-sized charities, same cause

CharityLocationIncome
Arcadia High School Chinese Parents Booster ClubArcadia$65k
Champaign County Extension Education FoundationChampaign$65k
Five Cities Christian WomenGrover Beach$65k
The Old West End Association IncToledo$65k