Hindu Educational and Cultural Society of America Corp

Analysis

Hindu Educational and Cultural Society of America Corp is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2010, 16 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 Educational and Cultural Society of America Corp reported income of $1.4m and spending of $1.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Educational and Cultural Society of America Corp sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OR. Charities of a similar size with the same main cause include Christ Reaching Asia Mission Worldwide Inc ($1.4m), Equip and Empower Ministries Inc ($1.4m) and Yeshivas Ohr V Daas ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $74k (5.1% of expenses). Other salaries and wages came to $109k. At year end it held assets of $11.5m against liabilities of $6.4m, net assets of $5.1m. It reported 11 employees.