Kanchi Guruparampara Foundation

Analysis

Kanchi Guruparampara Foundation is a registered charity in United States, based in Carpentersvle, IL. It received its IRS tax-exemption ruling in January 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 (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, Kanchi Guruparampara Foundation reported income of $696k and spending of $626k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $269k to $696k (+158%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kanchi Guruparampara Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Disciples Center for Education ($695k), Mennonite Mutual Land Trustee Corporation ($696k) and Minghui Publishing Center Corporation ($695k).

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 $164k against liabilities of $0, net assets of $164k.