Kunzang Gatshal Foundation

Analysis

Kunzang Gatshal Foundation is a registered charity in United States, based in Delhi, NY. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kunzang Gatshal Foundation reported income of $243k and spending of $294k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $409k to $243k (-40%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kunzang Gatshal Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Vaishnav Samaj of Arizona Inc ($243k), People Loving People Inc ($243k) and Christ to the World Ministries ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $14k. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m. It reported 4 employees.