Sanskar Academy

Analysis

Sanskar Academy is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Sanskar Academy reported income of $74k and spending of $72k, spending 97% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $39k to $74k (+92%), an average of +39% a year. The sharpest change came in the year to July 2023, when income rose by 71%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sanskar Academy sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Shaarey Tzedek ($74k), Feeding the Flock Ministries ($74k) and CRS Learning Center ($74k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.