Sri Satyanarayanswamy Seva Sannidhi

Analysis

Sri Satyanarayanswamy Seva Sannidhi is a registered charity in United States, based in Ashburn, VA. It received its IRS tax-exemption ruling in April 2011, 15 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, Sri Satyanarayanswamy Seva Sannidhi reported income of $648k and spending of $497k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $546k to $648k (+19%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sri Satyanarayanswamy Seva Sannidhi 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 Sayaji U Ba Khin Vipassana Association of Southern California ($648k), Tim Robnett Ministries ($648k) and Oasis Corporation ($647k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (31% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 5 employees.