Nanak Prachar Sabha Inc

Analysis

Nanak Prachar Sabha Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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 March 2023, Nanak Prachar Sabha Inc reported income of $629k and spending of $516k, spending 82% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $398k to $629k (+58%), an average of +16% a year. The sharpest change came in the year to March 2022, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nanak Prachar Sabha Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Red Cedar School Inc ($629k), We Care DMV Day Services Inc ($629k) and Theatre of Hearts Inc ($629k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $815k against liabilities of $0, net assets of $815k.