Vaishnav Samaj of RTP Inc

Analysis

Vaishnav Samaj of RTP Inc is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in February 2016, 10 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, Vaishnav Samaj of RTP Inc reported income of $522k and spending of $6,393, leaving 99% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $186k to $522k (+180%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 3.4% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vaishnav Samaj of RTP Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Zack Cherian International Ministries USA Inc ($522k), African Childrens Mission Inc ($522k) and Building Bridges Through Music Inc ($522k).

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 $1.9m against liabilities of $250k, net assets of $1.7m.