Gandhian Society Inc

Analysis

Gandhian Society Inc is a registered charity in United States, based in Iselin, NJ. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2022, Gandhian Society Inc reported income of $155k and spending of $85k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $358k to $155k (-57%), an average of -57% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gandhian Society Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Shamrock 555 Foundation ($155k), Kolker Saxon Family Foundation Inc ($155k) and Vietnamese-American Arts and Letters Association ($155k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $6,760, net assets of $83k.