Swaminarayan Shubh Sanskar Sanstha Inc

Analysis

Swaminarayan Shubh Sanskar Sanstha Inc is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Swaminarayan Shubh Sanskar Sanstha Inc reported income of $567k and spending of $534k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $550k to $567k (+3.0%), an average of +0.6% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Swaminarayan Shubh Sanskar Sanstha Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Issachar Center ($567k), Futurechurch ($567k) and Iglesia Rios de Agua Viva Centro de Avivamiento a Las Naciones ($566k).

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 $6.2m against liabilities of $2,078, net assets of $6.2m.