Punjabi American Heritage Society

Analysis

Punjabi American Heritage Society is a registered charity in United States, based in Yuba City, CA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Punjabi American Heritage Society reported income of $233k and spending of $301k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $364k to $233k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Punjabi American Heritage Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Be a Friend Youth Organization Inc ($233k), A O E Inc ($233k) and Marys Helping Hands ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $848k against liabilities of $0, net assets of $848k.