Vandemataram Foundation USA Inc

Analysis

Vandemataram Foundation USA Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vandemataram Foundation USA Inc reported income of $164k and spending of $220k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $164k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vandemataram Foundation USA Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Pelican Cove Counseling Center ($164k), Daystay HBC Inc ($164k) and Saint Francis of Assisi Food Pantry ($164k).

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 $122k against liabilities of $0, net assets of $122k.