Saranaloka Foundation

Analysis

Saranaloka Foundation is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Saranaloka Foundation reported income of $493k and spending of $198k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $493k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saranaloka Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Eurasian Baptist Mission ($493k), Tolson Group ($493k) and Hare Krishna Temple of Austin ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $1.6m against liabilities of $4,450, net assets of $1.6m.