Padma Organization

Analysis

Padma Organization is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Padma Organization reported income of $328k and spending of $336k, spending 103% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $222k to $328k (+48%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Padma Organization sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within MT. Charities of a similar size with the same main cause include Alterna Inc ($328k), Centre de Sante Lumiere-Cayes Haiti ($328k) and Prayer Plan Missions Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $31k. At year end it held assets of $255k against liabilities of $246k, net assets of $9,598.