Swaminarayan Cultural Association Inc

Analysis

Swaminarayan Cultural Association Inc is a registered charity in United States, based in Telford, PA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Swaminarayan Cultural Association Inc reported income of $634k and spending of $152k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $314k to $634k (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 29% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Swaminarayan Cultural Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Puppet Showplace Inc ($634k), Folsom Symphony Inc ($634k) and Nicks Ride 4 Friends Inc ($634k).

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 $2.8m against liabilities of $1.2m, net assets of $1.6m.