Vedic Connections International

Analysis

Vedic Connections International is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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, Vedic Connections International reported income of $1.7m and spending of $856k, leaving 49% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $419k to $1.7m (+300%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 310%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vedic Connections International sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Family Counseling Connection Inc ($1.7m), Parents and Teachers Association of P S 29 Inc ($1.7m) and CLC Ministries International ($1.7m).

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.