Sri Shankara Vedik Center

Analysis

Sri Shankara Vedik Center is a registered charity in United States, based in Campbell, CA. It received its IRS tax-exemption ruling in February 2014, 12 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, Sri Shankara Vedik Center reported income of $181k and spending of $175k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $78k to $181k (+132%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sri Shankara Vedik Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Harvest Ministry Team Inc ($181k), Stride Ministries ($181k) and Jhjc-East ($181k).

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 $217k against liabilities of $0, net assets of $217k.