Daya Sumitra Educational Society Inc

Analysis

Daya Sumitra Educational Society Inc is a registered charity in United States, based in Dublin, CA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daya Sumitra Educational Society Inc reported income of $300k and spending of $309k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $300k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Daya Sumitra Educational Society Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($300k), Exmoor Foundation ($300k) and Cascadia College Foundation ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $95k, net assets of -$43k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.