Hare Krishna Preaching and Vegetarian Catering Center

Analysis

Hare Krishna Preaching and Vegetarian Catering Center is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hare Krishna Preaching and Vegetarian Catering Center reported income of $58k and spending of $7,193, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $58k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 14% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hare Krishna Preaching and Vegetarian Catering Center sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Lifeline Mission Inc ($58k), Open Door Christian Center ($59k) and Ministerio Misionero El Poder de Dios Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $172k against liabilities of $54k, net assets of $118k.