Punarnava Healing Community Inc

Analysis

Punarnava Healing Community Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in February 2017, 9 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, Punarnava Healing Community Inc reported income of $370k and spending of $200k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $370k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 66% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Punarnava Healing Community Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Well of Hope America ($370k), Maasai Development Project ($370k) and International Association for Hospice and Palliative Care Inc ($370k).

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 $189k against liabilities of $0, net assets of $189k.