Malayali Hindu Mandalam Inc

Analysis

Malayali Hindu Mandalam Inc is a registered charity in United States, based in Oakland GDNS, NY. It received its IRS tax-exemption ruling in August 2004, 22 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, Malayali Hindu Mandalam Inc reported income of $53k and spending of $30k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $53k (+158%), an average of +158% a year. The sharpest change came in the year to December 2023, when income rose by 158%. 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, Malayali Hindu Mandalam Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Rushing Streams Ministries Inc ($53k), City of Refuge Church Grand Rapids ($53k) and Refuge of Hope ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.