Shruthi Swara Laya Inc

Analysis

Shruthi Swara Laya Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. 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, Shruthi Swara Laya Inc reported income of $263k and spending of $227k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $263k (+26%), an average of +5.8% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shruthi Swara Laya Inc 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 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Uplift ($263k), Santa Visits Alviso Foundation ($263k) and Nba Disciples Housing Odessa ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (37% of expenses). Other salaries and wages came to $8,040. It paid $1,673 in professional fundraising fees. At year end it held assets of $65k against liabilities of $1,848, net assets of $63k. It reported 3 employees.