Brahmananda Saraswati Jyotish Foundation

Analysis

Brahmananda Saraswati Jyotish Foundation is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in June 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, Brahmananda Saraswati Jyotish Foundation reported income of $710k and spending of $708k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $527k to $710k (+35%), an average of +6.1% a year. The sharpest change came in the year to December 2020, when income rose by 25%. 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, Brahmananda Saraswati Jyotish 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 77th percentile within IA. Charities of a similar size with the same main cause include Hope Experience Tours ($709k), Inner City Mission Inc Springfield Ill ($710k) and Klamath Falls Gospel Mission ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $25k (3.5% of expenses). Other salaries and wages came to $305k. At year end it held assets of $70k against liabilities of $14k, net assets of $56k. It reported 9 employees.