Fort Wayne Bhajan Society Inc

Analysis

Fort Wayne Bhajan Society Inc is a registered charity in United States, based in Roanoke, IN. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fort Wayne Bhajan Society Inc reported income of $108k and spending of $21k, leaving 80% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $514k to $108k (-79%), an average of -54% a year. The sharpest change came in the year to December 2022, when income rose by 133%. Over the whole period it spent 3.5% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fort Wayne Bhajan Society Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within IN. Charities of a similar size with the same main cause include Word on the Street Homeless Ministries Inc ($108k), Redemption Ministries ($108k) and Yada Factor Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.