Agastya Gurukulam

Analysis

Agastya Gurukulam is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in November 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Agastya Gurukulam reported income of $308k and spending of $458k, spending 149% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $226k to $308k (+36%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Agastya Gurukulam sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Alliance Francaise Silicon Valley ($308k), Fleming Island Theater Incorporated ($308k) and Cultural Enrichment Center of Fort Collins ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $105k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 9 employees.