Ganesh Utsav New York Inc

Analysis

Ganesh Utsav New York Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ganesh Utsav New York Inc reported income of $53k and spending of $68k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $53k (-27%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ganesh Utsav New York Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Restoration House Fellowship ($53k), Kingdom Presence ($53k) and Unity Foundation International Inc ($53k).

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 $45k against liabilities of $41k, net assets of $4,609.