Goswami Education

Analysis

Goswami Education is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goswami Education reported income of $504k and spending of $368k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $504k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goswami Education sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include F I D O Inc ($504k), Heritage Christian School ($504k) and Time 2 Give Inc ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $168k. At year end it held assets of $383k against liabilities of $7,275, net assets of $376k. It reported 7 employees.