Bhaskara Prakasha Ashram

Analysis

Bhaskara Prakasha Ashram is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in January 2018, 8 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, Bhaskara Prakasha Ashram reported income of $84k and spending of $138k, spending 164% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $84k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bhaskara Prakasha Ashram sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within CO. Charities of a similar size with the same main cause include Bridge of Hope ($84k), Tribute ($84k) and 3d Movements Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $198k against liabilities of $3,729, net assets of $194k.