Jyoti Sadhana Center Corporation

Analysis

Jyoti Sadhana Center Corporation is a registered charity in United States, based in Saddle Brook, NJ. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Jyoti Sadhana Center Corporation reported income of $67k and spending of $57k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $67k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jyoti Sadhana Center Corporation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Wetzel Homes Inc ($67k), The Desert Island ($67k) and Spina Bifida Association of Arizona Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $59k against liabilities of $20k, net assets of $39k.