Aavishkaar USA

Analysis

Aavishkaar USA is a registered charity in United States, based in Hastings, MN. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Aavishkaar USA reported income of $159k and spending of $20k, leaving 88% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $520k to $159k (-69%), an average of -45% a year. The sharpest change came in the year to June 2024, when income rose by 176%. Over the whole period it spent 8.1% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Aavishkaar USA sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Uganda Tree of Life Ministries Inc ($159k), Ansaar of Worcester Inc ($159k) and Violet Organization ($159k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.0m against liabilities of $2,705, net assets of $1.0m.