Shree Siddhi-Dham Madir Inc

Analysis

Shree Siddhi-Dham Madir Inc is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in November 1998, 28 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, Shree Siddhi-Dham Madir Inc reported income of $116k and spending of $109k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $116k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shree Siddhi-Dham Madir Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Greater Beaver Meadow Missionary Baptist Church Inc ($116k), Hope of Persia Evangelistic Ministries ($116k) and Gary Permenter Ministries Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $11k. At year end it held assets of $993k against liabilities of $998k, net assets of -$5,206. It reported 1 employees.