Janaka Foundation

Analysis

Janaka Foundation is a registered charity in United States, based in Nevada City, CA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Janaka Foundation reported income of $154k and spending of $129k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $154k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 799%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Janaka Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Unified Buddhist Church Endowment ($154k), Majestic Grace Inc ($154k) and Church Health Ministries ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $22k (17% of expenses). At year end it held assets of $2.1m against liabilities of $340, net assets of $2.1m. It reported 1 employees.