Three Aksha

Analysis

Three Aksha is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Three Aksha reported income of $187k and spending of $172k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $115k to $187k (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Three Aksha 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 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Capital Region Nordic Association ($187k), Stagegr ($187k) and Artists in Middleburg ($187k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.