Gyaan Ka Saagar
Analysis
Gyaan Ka Saagar is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in September 2011, 15 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, Gyaan Ka Saagar reported income of $60k and spending of $33k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $118k to $60k (-49%), an average of -28% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Gyaan Ka Saagar sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Urban Faith Works Inc ($60k), Iglesia de Cristo Este de Los Angeles ($60k) and Bernabe Latin-American Ministries Inc ($60k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 14% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.
Income and spending
Where the income comes from
- Contributions & grants 72%
- Program services 14%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Urban Faith Works Inc | Gary | $60k |
| Iglesia de Cristo Este de Los Angeles | Los Angeles | $60k |
| Bernabe Latin-American Ministries Inc | Hidalgo | $60k |
| Dera Sacha Sauda Sirsa | Newark | $60k |