Shanti Bhavan Childrens Project
Analysis
Shanti Bhavan Childrens Project is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Shanti Bhavan Childrens Project reported income of $6.9m and spending of $4.4m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $6.9m (+185%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 231%. Over the whole period it spent 65% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Shanti Bhavan Childrens Project sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Junior Achievement of Greater Washington ($6.8m), Tigray Development Association in North America ($6.9m) and Building Tomorrow Inc ($6.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $80k (1.8% of expenses). Other salaries and wages came to $540k. At year end it held assets of $10.7m against liabilities of $83k, net assets of $10.6m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Junior Achievement of Greater Washington | Washington | $6.8m |
| Tigray Development Association in North America | Washington | $6.9m |
| Building Tomorrow Inc | Indianapolis | $6.8m |
| Watoto Child Care Ministry Inc | Tampa | $6.9m |