Overview
What is Vasudevananda Charitable Organization Inc?
Vasudevananda Charitable Organization Inc, based in Livermore, California, is a nonprofit organization committed to supporting charitable entities globally. In India, they fund organizations like SVST and SVSSHCS, which embody the philanthropic values of Sri Vasudevananda Swamy by offering direct aid, such as free meals, clothing, medical care, and financial assistance to the economically disadvantaged. Similarly, in the United States, they aid nonprofits that provide essential services, including free food, clothing, and relief during natural disasters. Additionally, they organize spiritual events in California and across the country, promoting universal brotherhood and charity as per Hindu spiritual teachings. Furthermore, VCOI organizes free spiritual seminars, Nirmala Yoga classes, and offers educational assistance to underprivileged students in India through scholarships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
Vasudevananda Charitable Organization Inc has received a Two-Star rating, indicating that while the organization demonstrates strong program expense management with a 99.69% program expense ratio, it faces significant challenges in transparency and accountability. The organization benefits from an independent board, with 100% of its members not having any conflicts of interest, which is a positive aspect of its governance.
However, the organization struggles with several critical operational policies and practices. It has not provided financial statements or made necessary documents like its tax form available on its website, which detracts from its accountability score. The absence of key policies, such as conflict of interest, whistleblower, and document retention policies, highlights areas where the organization could improve its governance and transparency.
In summary, while Vasudevananda Charitable Organization Inc excels in directing funds towards its programs, the lack of accessible financial information and governance policies limits its overall effectiveness and accountability. Addressing these issues could enhance its standing and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Vasudevananda Charitable Organization Inc legitimate?
Vasudevananda Charitable Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vasudevananda Charitable Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Vasudevananda Charitable Organization Inc?
The Vasudevananda Charitable Organization Inc (VCOI) is dedicated to supporting charitable organizations in the United States. These organizations provide essential aid such as free food, clothing, and assistance during natural disasters. In addition to this, VCOI organizes spiritual events, some of which are conducted under the guidance of a spiritual master from India, promoting the values of universal brotherhood and charity as outlined in Hindu spiritual teachings. The organization's activities are aligned with the principles of charity and brotherhood, reflecting its commitment to serving the community.
Who is the CEO of Vasudevananda Charitable Organization Inc?
Ravi Kiran Meka Venkata is the Chairman of Vasudevananda Charitable Organization Inc.
What is the revenue of Vasudevananda Charitable Organization Inc?
Vasudevananda Charitable Organization Inc's revenue in 2022 was $557,842.
Who are the executives of Vasudevananda Charitable Organization Inc and what are their salaries?
There 10 volunteers at Vasudevananda Charitable Organization Inc.
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Where can I find the form 990 for Vasudevananda Charitable Organization Inc?
Vasudevananda Charitable Organization Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vasudevananda Charitable Organization Inc
Vasudevananda Charitable Organization Inc, in its mission, supports various charitable organizations in the United States. These organizations provide direct assistance in the form of free food, clothing, and aid during natural calamities. Beyond this, Vasudevananda Charitable Organization Inc also organizes spiritual events frequently, primarily in California and across the nation. These events, often conducted under the guidance of the Spiritual Master, Sri Vasudevananda Swamy of India, advocate for universal brotherhood and charity as per the teachings of Hindu spiritual Dharma. The organization's mission is deeply rooted in the principles of charity and the promotion of unity, as exemplified by its support for community aid and its spiritual events.
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Impact
July, 2024
The impact of Vasudevananda Charitable Organization Inc is significant, as it provides vital support to charitable organizations in India and the USA that cater to the needs of the underprivileged. By offering financial backing to various charities, VCOI ensures that essential services such as free food, clothing, medical consultation, and education are made available to those in need. Additionally, VCOI's efforts in organizing spiritual events and seminars promote universal brotherhood and charity in alignment with the principles of Hindu spiritual Dharma. Through its diverse initiatives, VCOI plays a crucial role in fostering holistic well-being and community support, both locally and internationally.
This information is meant to be a general summary of Vasudevananda Charitable Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,670
- Gross Receipts: $557,842
Assets and Liabilities:
- Total Assets: $1,280,796
- Total Liabilities: $0
- Net Assets: $1,280,796
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Organization Details
Founding Year
2012
Phone
(781) 333-4332Principal Officer
Ravi Kiran Meka Venkata
Main Address
147 Daisy Field Dr, Livermore, CA, 94551
NTEE Category
Code: Q33 - International
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