Satsang America

Analysis

Satsang America is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Satsang America reported income of $265k and spending of $22k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $390k to $265k (-32%), an average of -9.2% a year. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Satsang America sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Shiviti ($265k), Lubavitch Center of Essex County ($265k) and Ark Youth Ministries ($265k).

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 $2.3m against liabilities of $0, net assets of $2.3m. It reported 3 employees.