Shrita Charitable Foundation
- Assets
- $2.7m
- Revenue
- $95.7k
- Investments
- $685.9k
- Employees
- 0
- Location
- West Chester, PA
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 42-1560258
Organization Overview
Shrita Charitable Foundation is located in West Chester, PA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shrita Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Shrita Charitable Foundation generated $95.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $144.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Shrita Charitable Foundation has awarded 31 individual grants totaling $566,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vijaya Viswanathan President | 1 | $0 | |
Nagesh Nama Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,835 |
| Dividends & Interest | $92,874 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $214 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,709 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,176 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $14,591 |
| Contributions, gifts, grants paid | $129,920 |
| Total expenses and disbursements | $144,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,602 |
| Savings and temporary cash investments | $2,029,075 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $685,926 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,717,603 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Shrita Charitable Foundation has awarded $129,920 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FORUM FOR RELIGIOUS FREEDOM PURPOSE: DONATION | $25,000 |
INFINITY FOUNDATION PURPOSE: DONATION | $54,920 |
AGASTYA GURUKULAM PURPOSE: DONATION | $25,000 |
AUROVEDA OPERATING FOUNDATION CHARITABLE TRUST PURPOSE: DONATION | $5,000 |
NETWORK CONTAGION RESEARCH PURPOSE: DONATION | $10,000 |
ARSHA VIDYA GURUKULAM PURPOSE: DONATION | $10,000 |