Kala Vedika

Analysis

Kala Vedika is a registered charity in United States, based in Colonia, NJ. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kala Vedika reported income of $256k and spending of $209k, spending 81% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $19k to $256k (+1263%), an average of +1263% a year. The sharpest change came in the year to December 2023, when income rose by 1263%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kala Vedika 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 65th percentile within NJ. Charities of a similar size with the same main cause include Elysian Heights Parent Association ($256k), University of Alabama Medical Alumni Association ($256k) and Big-Little School ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.