Austin Hindu Temple and Community Center

Analysis

Austin Hindu Temple and Community Center is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Austin Hindu Temple and Community Center reported income of $2.1m and spending of $1.1m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.1m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Austin Hindu Temple and Community Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Gallatin Valley Young Mens Christian Association Inc ($2.1m), Caritas of Birmingham ($2.1m) and Sisters of the Adoration Corp ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 26% of the total. Other salaries and wages came to $382k. At year end it held assets of $10.0m against liabilities of $1.6m, net assets of $8.4m. It reported 10 employees.