Dasvandh Network

Analysis

Dasvandh Network is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 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, Dasvandh Network reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $993k to $1.7m (+68%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dasvandh Network sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include New Era Ffa ($1.7m), Shelter Agencies for Families in East Texas Inc ($1.7m) and Ohi Hospice Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $171k (11% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.1m against liabilities of $181k, net assets of $875k. It reported 3 employees.