Sriniketan Foundation

Analysis

Sriniketan Foundation is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sriniketan Foundation reported income of $56k and spending of $55k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $56k (-15%), an average of -15% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sriniketan Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Mercysong Inc ($56k), Mission Bridge Inc ($56k) and Global Compassion Life Foundation ($56k).

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 $1,717 against liabilities of $1,197, net assets of $520.