J a I Sachchidanand Inc

Analysis

J a I Sachchidanand Inc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in April 1985, 41 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, J a I Sachchidanand Inc reported income of $148k and spending of $21k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $148k (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 285%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J a I Sachchidanand Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Memphis Area Minority Contractors Association Inc ($148k), Habitat for Humanity International Inc ($148k) and PTA California Congress of Parents Teachers & Students Inc ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.