Bhaktivedanta Book Publishing Inc

Analysis

Bhaktivedanta Book Publishing Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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, Bhaktivedanta Book Publishing Inc reported income of $1.7m and spending of $814k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $1.7m (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bhaktivedanta Book Publishing Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include First Aid Squad Avenel & Colonia ($1.7m), Teen Health Center Inc ($1.7m) and Envisioning Access Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 20% of the total. At year end it held assets of $6.7m against liabilities of $1.9m, net assets of $4.7m.