Hari Krishan Publications

Analysis

Hari Krishan Publications is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in November 2014, 12 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).

In the financial year ending December 2023, Hari Krishan Publications reported income of $1.5m and spending of $890k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hari Krishan Publications sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile. Charities of a similar size with the same main cause include Great Commission Latin America ($1.5m), Morristown Unitarian Fellowship ($1.5m) and McGowan Family Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $86k (9.7% of expenses). Other salaries and wages came to $161k. At year end it held assets of $6.6m against liabilities of $1.4m, net assets of $5.2m.