Hindu Society

Analysis

Hindu Society is a registered charity in United States, based in Medinah, IL. It received its IRS tax-exemption ruling in June 1974, 52 years ago. 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 Society reported income of $414k and spending of $340k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $414k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hindu Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Boy Scouts of America ($413k), Glen Rock Cooperative Nursery School ($414k) and NCR of Warsaw Housing Development Fund Co Inc ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $60k. At year end it held assets of $3.4m against liabilities of $60k, net assets of $3.4m. It reported 2 employees.