Hindu Temple of Va Balaji Temple

Analysis

Hindu Temple of Va Balaji Temple is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in November 2010, 16 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, Hindu Temple of Va Balaji Temple reported income of $661k and spending of $243k, leaving 63% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $352k to $661k (+88%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Temple of Va Balaji Temple sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within VA. Charities of a similar size with the same main cause include Poiema Publicaciones USA ($661k), Brazilian Evangelistic Association ($661k) and Masjid Al-Rasheed Inc ($661k).

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 $120k. At year end it held assets of $2.0m against liabilities of $583k, net assets of $1.4m. It reported 3 employees.