Param Shakti Peeth of America Foundation

Analysis

Param Shakti Peeth of America Foundation is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Param Shakti Peeth of America Foundation reported income of $838k and spending of $1.0m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $838k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income rose by 644%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Param Shakti Peeth of America Foundation 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 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Christian Life Outreach Inc ($837k), Start with One International Inc ($839k) and Arise Foundation America Inc ($836k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $304k against liabilities of $0, net assets of $304k.