Sri Venkateswara Temple of Colorado Inc

Analysis

Sri Venkateswara Temple of Colorado Inc is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in September 2007, 19 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, Sri Venkateswara Temple of Colorado Inc reported income of $793k and spending of $448k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $605k to $793k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 621%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sri Venkateswara Temple of Colorado Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Emerge Missions Inc ($793k), First Presbyterian Church of Dallas Foundation ($794k) and Sammy Tippit Ministries ($793k).

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 $89k. At year end it held assets of $5.1m against liabilities of $921k, net assets of $4.1m. It reported 3 employees.