Kaivalya Mandiram

Analysis

Kaivalya Mandiram is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kaivalya Mandiram reported income of $272k and spending of $46k, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $272k (+645%), an average of +65% a year. The sharpest change came in the year to December 2021, when income rose by 3015%. Over the whole period it spent 6.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kaivalya Mandiram sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Green and White Soccer Club ($272k), Womens Housing Development Inc ($272k) and Greater Mercer Area Healthcare Foundation Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $3.5m against liabilities of $30k, net assets of $3.4m.