Gobind Marg Charitable Society Inc

Analysis

Gobind Marg Charitable Society Inc is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Gobind Marg Charitable Society Inc reported income of $632k and spending of $327k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $482k to $632k (+31%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 20%. 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, Gobind Marg Charitable Society Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Ignite the Ville Inc ($632k), The@call ($632k) and Ywam Washington D C ($631k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.6m against liabilities of $3.3m, net assets of $1.4m.