Sanskruti Foundation

Analysis

Sanskruti Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sanskruti Foundation reported income of $3.4m and spending of $908k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $3.4m (+1538%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 1121%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sanskruti Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Nascentia Health Inc ($3.4m), Aniyei Yerushalayim Inc ($3.4m) and Faith Acres Foundation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.