The Gyan Foundation

Analysis

The Gyan Foundation is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, The Gyan Foundation reported income of $244k and spending of $167k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $648k to $244k (-62%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Gyan Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Hosanna Community House Inc ($244k), Freeport High School Scholarship Foundation ($245k) and American Ophthalmological Society ($244k).

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 $999k against liabilities of $0, net assets of $999k.