Friends of Seva Mandir Inc

Analysis

Friends of Seva Mandir Inc is a registered charity in United States, based in Edison, NJ. It received its IRS tax-exemption ruling in January 2010, 16 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 March 2023, Friends of Seva Mandir Inc reported income of $300k and spending of $210k, leaving 30% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $352k to $300k (-15%), an average of -5.2% a year. The sharpest change came in the year to March 2022, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Seva Mandir Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Mustard Seed International ($300k), Eoto ($300k) and Step of Faith Ministry Inc ($300k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (26% of expenses). At year end it held assets of $207k against liabilities of $48k, net assets of $159k. It reported 1 employees.