Hindu Temple of the Woodlands

Analysis

Hindu Temple of the Woodlands is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hindu Temple of the Woodlands reported income of $2.0m and spending of $858k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.0m (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Temple of the Woodlands 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 89th percentile within TX. Charities of a similar size with the same main cause include Kosher Supervision of America ($2.0m), Compel Outreach International Inc ($2.0m) and United Methodist Foundation of Indiana Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. Other salaries and wages came to $181k. At year end it held assets of $16.2m against liabilities of $5.2m, net assets of $11.0m. It reported 6 employees.