Geetmala Foundation of Michigan

Analysis

Geetmala Foundation of Michigan is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in June 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Geetmala Foundation of Michigan reported income of $102k and spending of $63k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,100 to $102k (+4750%), an average of +4750% a year. The sharpest change came in the year to December 2023, when income rose by 4750%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Geetmala Foundation of Michigan sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Inland Family Foundation Inc ($102k), Connecting Hearts ($102k) and West Point Spouses Club ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.