Samarthanam USA Inc

Analysis

Samarthanam USA Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Samarthanam USA Inc reported income of $122k and spending of $124k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $69k to $122k (+77%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 631%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Samarthanam USA Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Community Association of Retirees of Langlade County Inc ($122k), Via Pal ($122k) and Hand in Hand Logistics ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.