Sri Radha Bhakti
Analysis
Sri Radha Bhakti is a registered charity in United States, based in Holbrook, MA. It received its IRS tax-exemption ruling in June 2009, 17 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, Sri Radha Bhakti reported income of $232k and spending of $199k, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $137k to $232k (+70%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 48% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Sri Radha Bhakti sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include City Commit Inc ($232k), Grace Life Outreach Inc ($232k) and Lev Hachnasat Orchim Inc ($232k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $7,200 (3.6% of expenses). At year end it held assets of $1.8m against liabilities of $299k, net assets of $1.5m.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| City Commit Inc | Sarasota | $232k |
| Grace Life Outreach Inc | Cocoa Beach | $232k |
| Lev Hachnasat Orchim Inc | Los Angeles | $232k |
| New Age Seer Inc | Winter Park | $232k |