Krishnaa Foundation Inc

Analysis

Krishnaa Foundation Inc is a registered charity in United States, based in Kendall Park, NJ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Krishnaa Foundation Inc reported income of $54k and spending of $34k, leaving 38% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income fell from $63k to $54k (-14%), an average of -7.1% a year. The sharpest change came in the year to May 2023, when income dropped by 30%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Krishnaa Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Montana Area Agency on Aging Directors Association ($54k), Cherokee County Child and Family Service Board ($54k) and Wellness Warriors Inc ($54k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 111% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.