Sri Shirdi Saibaba Mandir of North Carolina

Analysis

Sri Shirdi Saibaba Mandir of North Carolina is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in February 2011, 15 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, Sri Shirdi Saibaba Mandir of North Carolina reported income of $829k and spending of $410k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $500k to $829k (+66%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 58%. 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 Shirdi Saibaba Mandir of North Carolina 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 77th percentile within NC. Charities of a similar size with the same main cause include Stein Yeshiva of Lincoln Park ($828k), Go Live Serve International Inc ($829k) and Stablestrides ($828k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 12% of the total. Other salaries and wages came to $56k. At year end it held assets of $4.2m against liabilities of $1.1m, net assets of $3.1m. It reported 2 employees.