Hindu Charities for America

Analysis

Hindu Charities for America is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Charities for America reported income of $220k and spending of $219k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $276k to $220k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hindu Charities for America sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Alliance of Californias Farmers and Ranchers Community Fund ($220k), Lync8 Project Corp ($220k) and Warwick Area Farmworker Organization ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $522k against liabilities of $5,000, net assets of $517k.