Hari Smruti International Inc

Analysis

Hari Smruti International Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in December 2017, 9 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, Hari Smruti International Inc reported income of $572k and spending of $238k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $572k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hari Smruti International Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Restoring the Foundations International Inc ($572k), Park Church ($572k) and Sovereign Grace Ministries Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.