Swaminarayan Welfare Inc

Organization Overview

Swaminarayan Welfare Inc is located in Milltown, NJ. The organization was established in 2015. According to its NTEE Classification (X70) the organization is classified as: Hinduism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swaminarayan Welfare Inc 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 12/2022, Swaminarayan Welfare Inc generated $850.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.6% each year . All expenses for the organization totaled $837.1k during the year ending 12/2022. While expenses have increased by 33.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BECOME CENTER FOR EXCELLENT HUMAN ADVANCEMENT. TO BUILD A HEALTY AND CIVILIZED SOCIETY THROGH HUMAN VALUES COMBINING PHYSICAL AS WELL AS SPIRITUAL DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATION TO CHARITABLE INSTITUTES(SCHOOLS, OLDAGE HOMES, HOSPITALS, COWSHEDS ETC) TO HELP POOR & NEEDY PEOPLE.


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Board, Officers & Key Employees

Name (title)Compensation
Praful Patel
President/secreatry
$0
Prakash Chavda
Treasurer
$0
Jatin Patel
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$850,699
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$850,699
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $850,699

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