Aashirvad Inc

Analysis

Aashirvad Inc is a registered charity in United States, based in Ambler, PA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Aashirvad Inc reported income of $55k and spending of $50k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $55k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 179% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aashirvad Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Saecula Choir Foundation Inc ($55k), Historical Society of Perry County ($55k) and Chamber Music Corvallis Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.