Ramakrishna Vedanta Society of North Carolina

Analysis

Ramakrishna Vedanta Society of North Carolina is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ramakrishna Vedanta Society of North Carolina reported income of $59k and spending of $39k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $59k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ramakrishna Vedanta Society of North Carolina 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 23rd percentile, and in the 21st percentile within NC. Charities of a similar size with the same main cause include Professional Renewal Initiative ($59k), Tri-State Gospel Inc ($59k) and Faithful City Christian Center Inc ($59k).

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 $288k against liabilities of $0, net assets of $288k.