Soundarya Lahari Inc

Analysis

Soundarya Lahari Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in November 2010, 16 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, Soundarya Lahari Inc reported income of $341k and spending of $23k, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $341k (+653%), an average of +653% a year. The sharpest change came in the year to December 2023, when income rose by 653%. Over the whole period it spent 7.3% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Soundarya Lahari Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within NH. Charities of a similar size with the same main cause include Vermilion County Museum Society ($341k), Road Company Theater Group Inc ($341k) and Randolph Arts Guild ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $417k against liabilities of $0, net assets of $417k.