Akas Darbar

Analysis

Akas Darbar is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in June 2015, 11 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 2022, Akas Darbar reported income of $1.6m and spending of $40k, leaving 97% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $555k to $1.6m (+186%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 142%. Over the whole period it spent 2.8% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Akas Darbar sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Bishop Gerald J Ryan Senior Citizen Housing Development Fund Co Inc ($1.6m), Victims First Inc ($1.6m) and Childrens Health and Research Foundation Inc ($1.6m).

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 $8.9m against liabilities of $1.6m, net assets of $7.3m.