Haidakhandi Universal Ashram

Analysis

Haidakhandi Universal Ashram is a registered charity in United States, based in Crestone, CO. It received its IRS tax-exemption ruling in June 1988, 38 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, Haidakhandi Universal Ashram reported income of $251k and spending of $176k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $251k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Haidakhandi Universal Ashram sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Partner 10 15 Ministries ($251k), Chosen Tebernacle Full Gospel and Baptist Church ($251k) and Beacon of Hope ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $13k (7.5% of expenses). Other salaries and wages came to $59k. At year end it held assets of $1.2m against liabilities of $3,754, net assets of $1.2m. It reported 5 employees.