Anikaya Akhra Inc

Analysis

Anikaya Akhra Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Anikaya Akhra Inc reported income of $245k and spending of $239k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $219k to $245k (+12%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Anikaya Akhra Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Ballet Western Reserve Inc ($245k), Meherrin River Arts Council Inc ($245k) and Friends of the Preparatory Charter School ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $10k (4.4% of expenses). Other salaries and wages came to $91k. At year end it held assets of $139k against liabilities of $0, net assets of $139k.