Aghoshal-Khidmat USA Inc

Analysis

Aghoshal-Khidmat USA Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Aghoshal-Khidmat USA Inc reported income of $4.4m and spending of $6.6m, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $5.4m to $4.4m (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aghoshal-Khidmat USA Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Felton Laboratory Charter School ($4.4m), Northwest Washington Electrical Industry Joint Apprenticeship & ($4.4m) and Community Childrens Center Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.