Samskrita Bharati

Analysis

Samskrita Bharati is a registered charity in United States, based in Aldie, VA. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Samskrita Bharati reported income of $1.9m and spending of $1.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Samskrita Bharati sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Academy Art Museum Inc ($1.9m), Historic Odessa Foundation ($1.9m) and Home to Community Living Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $411k. At year end it held assets of $3.1m against liabilities of $27k, net assets of $3.1m. It reported 2 employees.