India Temple Association Cultural Center Inc

Analysis

India Temple Association Cultural Center Inc is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, India Temple Association Cultural Center Inc reported income of $334k and spending of $319k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $415k to $334k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2020, when income rose by 231%. Over the whole period it spent 38% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, India Temple Association Cultural Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Center for Urban Exellence ($333k), Havre de Grace Decoy Museum Inc ($334k) and Asian American Writers Workshop Inc ($333k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 20% of the total. Other salaries and wages came to $42k. At year end it held assets of $7.2m against liabilities of $110k, net assets of $7.1m. It reported 1 employees.