Sai Aashraya Inc

Analysis

Sai Aashraya Inc is a registered charity in United States, based in Danville, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sai Aashraya Inc reported income of $1.8m and spending of $1.9m, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.0m to $1.8m (-10.0%), an average of -5.1% a year. Over the whole period it spent 113% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sai Aashraya Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include The Woodmark Group ($1.8m), Four County Community Foundation ($1.8m) and Washington Apple Education Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.