Ammasthana Inc

Analysis

Ammasthana Inc is a registered charity in United States, based in Morris Plains, NJ. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ammasthana Inc reported income of $135k and spending of $127k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $135k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ammasthana Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Mercy Pedalers Inc ($135k), Success for Children and Families Inc ($135k) and Maisha Kamili ($135k).

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 $91k against liabilities of $3,029, net assets of $88k.