Shri Navagraha Devasthanam of North America Inc

Analysis

Shri Navagraha Devasthanam of North America Inc is a registered charity in United States, based in New Hyde Park, NY. It received its IRS tax-exemption ruling in January 2016, 10 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 August 2023, Shri Navagraha Devasthanam of North America Inc reported income of $365k and spending of $275k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2018 to August 2023, income grew from $114k to $365k (+219%), an average of +34% a year. The sharpest change came in the year to August 2023, when income rose by 112%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shri Navagraha Devasthanam of North America Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include JSM Fund Inc ($365k), Episcopal Bishop of Oregon Foundation ($366k) and Jarrod Flanagan Ministries Inc ($365k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $777k against liabilities of $201k, net assets of $577k.