Prashanthi Nilayam

Analysis

Prashanthi Nilayam is a registered charity in United States, based in Tracy, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Prashanthi Nilayam reported income of $633k and spending of $139k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $633k (+1094%), an average of +86% a year. The sharpest change came in the year to December 2021, when income rose by 1880%. Over the whole period it spent 21% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prashanthi Nilayam sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Good Samaritan Foundation of Haiti Inc ($632k), Good Shepherd Foundation ($633k) and Wet Mountain Valley Community Foundation Inc ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $2.9m against liabilities of $1.0m, net assets of $1.9m.