Ananta Giving Foundation

Analysis

Ananta Giving Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ananta Giving Foundation reported income of $428k and spending of $169k, leaving 60% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $6.3m to $428k (-93%), an average of -59% a year. The sharpest change came in the year to December 2022, when income rose by 232%. Over the whole period it spent 7.6% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ananta Giving Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Rona Barrett Foundation ($428k), William Mason Harding and Rosina Fairman Harding Foundation ($428k) and Sarala Bathena Foundation ($428k).

At year end it held assets of $6.6m against liabilities of $0, net assets of $6.6m.