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Shree Shakti Mander of Atlanta Inc

RegisteredEIN 58-1902318Lake City, GAOther charitable purposes
Income$2.6m2023-12
Spending$1.7msame year
Spent / received73%5-year average
Size in its cause87th pctOther charitable purposes
Exempt since1992Publicly supported organisat
Employees9latest return

Analysis

Shree Shakti Mander of Atlanta Inc is a registered charity in United States, based in Lake City, GA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Shree Shakti Mander of Atlanta Inc reported income of $2.6m and spending of $1.7m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.6m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shree Shakti Mander of Atlanta Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include Maine Peoples Resource Center ($2.6m), Common School Inc ($2.6m) and Prairie Mission Retirement Village Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 49% of the total. Other salaries and wages came to $250k. At year end it held assets of $13.8m against liabilities of $2.0m, net assets of $11.7m. It reported 9 employees.

Income and spending

$0$661k$1.3m$2.0m$2.6m2019 Income: $1,918,0132019 Spending: $1,158,70620192020 Income: $1,126,3172020 Spending: $1,256,71420202021 Income: $2,087,0592021 Spending: $1,546,71220212022 Income: $2,489,0612022 Spending: $1,794,56420222023 Income: $2,643,5372023 Spending: $1,742,7402023
IncomeSpending

Where the income comes from

  • Contributions & grants 35%
  • Program services 49%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Maine Peoples Resource CenterPortland$2.6m
Common School IncAmherst$2.6m
Prairie Mission Retirement Village IncSt Paul$2.6m
Charlotte County Homeless Coalition IncPt Charlotte$2.6m