Shri Krishna Nidhi Foundation Inc

Analysis

Shri Krishna Nidhi Foundation Inc is a registered charity in United States, based in Hillsborough, NJ. It received its IRS tax-exemption ruling in August 2010, 16 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, Shri Krishna Nidhi Foundation Inc reported income of $315k and spending of $189k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $315k (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 606%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shri Krishna Nidhi Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Siwok Foundation ($315k), Maui Firefighters Relief ($315k) and Arivaca Action Center Incorporated ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $47k. At year end it held assets of $445k against liabilities of $3,000, net assets of $442k. It reported 4 employees.