Bhagwan Shree Lakshmi Narayan Dham Inc

Analysis

Bhagwan Shree Lakshmi Narayan Dham Inc is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in October 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, Bhagwan Shree Lakshmi Narayan Dham Inc reported income of $317k and spending of $191k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $317k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 43% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bhagwan Shree Lakshmi Narayan Dham Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include David Chung Ministries International ($317k), Cedar Cove Inc ($317k) and Churches Touching Lives for Christ ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.