Ekal Vidyalaya Foundation of USA Inc

Analysis

Ekal Vidyalaya Foundation of USA Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2000, 26 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 2021, Ekal Vidyalaya Foundation of USA Inc reported income of $8.9m and spending of $10.4m, spending 116% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $9.7m to $8.9m (-8.3%), an average of -4.2% a year. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ekal Vidyalaya Foundation of USA Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Divine Will Foundation ($8.8m), Program of Academic Exchange ($8.9m) and Organization for Tropical Studies Inc ($8.8m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1 (0.0% of expenses). Other salaries and wages came to $365k. At year end it held assets of $8.3m against liabilities of $6,179, net assets of $8.3m. It reported 7 employees.