Shrimad Rajchandra Love and Care - USA Inc

Analysis

Shrimad Rajchandra Love and Care - USA Inc is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shrimad Rajchandra Love and Care - USA Inc reported income of $4.8m and spending of $744k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $4.8m (+1846%), an average of +110% a year. The sharpest change came in the year to December 2020, when income rose by 795%. Over the whole period it spent 57% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Shrimad Rajchandra Love and Care - USA Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Anschei Chesed Fund Inc ($4.8m), Semilla Nueva ($4.8m) and International Christian Adoptions ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $5.5m against liabilities of $5,668, net assets of $5.5m.