Akshar Ayurveda

Legal name: Swaminarayan Aksharpith Inc

Nonprofit profile at a glance

EIN
841617179
IRS 990 coverage
2020–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Robbinsville, NJ, USA
Phone
7327771414
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Hinduism
Affiliation
Hinduism

Official website

Reported finances

Revenue
$8,106,584
Expenses
$3,295,959
Assets
$13,276,952
Liabilities
$557,434

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MITUL PATEL (PRESIDENT & DIRECTOR)

People named in this filing

  • AJAY PATEL (DIRECTOR)
  • KALPESH SOLANKI (DIRECTOR)
  • SANJAY DESAI (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A volunteer-driven not-for-profit brand that aims to improve overall health and quality of life by combining the ancient Ayurvedic knowledge of holistic healing with modern production techniques. We are proud of the fact that about 40% of our employees are widowed women from the surrounding communities. We know that by taking care of the widowed mothers, we also support future generations. We aim to help their livelihood by providing them with industry-leading livable wages, capable of supporting their families. Read more [](. a volunteer-driven not-for-profit brand that aims to improve overall health and quality of life by combining the ancient Ayurvedic knowledge of holistic healing with modern production techniques to transcend you to a new normal. Our Story our story.

What it reported doing in 2024

Sales of religious items and herbal supplements related to the hindu faith.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 93
  • Accountability: 94
  • Sustainability: 87
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 93.6%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 40th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 7 controls in place; rating input score 86
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 59.3%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 4.03; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 37% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 41.7% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 24.9% per year; rating input score 100; 89th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 100% of revenue deployed · 93.6% of spending went to programs
  • Governance: 6 of 6 board members independent · 6 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $3.1M in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 10 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.