Sri Balaji Temple of Great Lakes
Analysis
Sri Balaji Temple of Great Lakes is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in March 2006, 20 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 Balaji Temple of Great Lakes reported income of $603k and spending of $520k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $603k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 74% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Sri Balaji Temple of Great Lakes sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Jacksonville Kachin Baptist Church Inc ($603k), Keep the Faith Ministries ($603k) and Silicon Valley Gurdwara ($603k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $112k. At year end it held assets of $1.4m against liabilities of $40k, net assets of $1.4m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jacksonville Kachin Baptist Church Inc | Jacksonville | $603k |
| Keep the Faith Ministries | Locust Dale | $603k |
| Silicon Valley Gurdwara | Santa Clara | $603k |
| Real Impact Missions Inc | Gainesville | $603k |