Gurukul

Analysis

Gurukul is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Gurukul reported income of $1.3m and spending of $645k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $337k to $1.3m (+295%), an average of +41% a year. The sharpest change came in the year to June 2024, when income rose by 918%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gurukul sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Hiawatha Collegiate High School Abc ($1.3m), Archway Academy ($1.3m) and Tyndale Theological Seminary Inc Fka Tyndale International Mission ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.