Brahma Premananda Ashrama

Analysis

Brahma Premananda Ashrama is a registered charity in United States, based in Tigard, OR. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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, Brahma Premananda Ashrama reported income of $392k and spending of $194k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $392k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brahma Premananda Ashrama sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Dream Center of Forsyth County ($392k), Good Shepherd Manor Housing Corporation ($392k) and Old Oaks Foundation Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.