International Institute of Gurmat Studies Inc

Analysis

International Institute of Gurmat Studies Inc is a registered charity in United States, based in Chino Hills, CA. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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 September 2023, International Institute of Gurmat Studies Inc reported income of $223k and spending of $166k, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $148k to $223k (+51%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 204%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Institute of Gurmat Studies Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Mha Housing of Eastern North Carolina Inc ($223k), Krewe of Nefertiti ($224k) and Nebraska High School Sports Hall of Fame Foundation ($223k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $314k against liabilities of $2,202, net assets of $312k.