Swaminarayan Satsang Mandal of Atlanta

Analysis

Swaminarayan Satsang Mandal of Atlanta is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Swaminarayan Satsang Mandal of Atlanta reported income of $245k and spending of $235k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $413k to $245k (-41%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Swaminarayan Satsang Mandal of Atlanta sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Masters Workshop ($245k), Michael Ministries ($245k) and Orot the Center for New Jewish Learning ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (10% of expenses). At year end it held assets of $3.3m against liabilities of $387k, net assets of $2.9m.