Hindu Cultural Center of Connecticut Inc

Analysis

Hindu Cultural Center of Connecticut Inc is a registered charity in United States, based in Stratford, CT. It received its IRS tax-exemption ruling in November 2003, 23 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, Hindu Cultural Center of Connecticut Inc reported income of $514k and spending of $350k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $378k to $514k (+36%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Cultural Center of Connecticut Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Georgia Food & Resource Center Inc ($514k), Eliot Institute ($514k) and Street Psalms ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $43k. At year end it held assets of $3.6m against liabilities of $743k, net assets of $2.9m. It reported 2 employees.