Shivalaya Temple of Greater Boston

Analysis

Shivalaya Temple of Greater Boston is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in June 2015, 11 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, Shivalaya Temple of Greater Boston reported income of $198k and spending of $126k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $198k (+8.5%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shivalaya Temple of Greater Boston sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Two by 2 Global Ministries Inc ($198k), Smoky Mountain Resort Ministries Inc ($198k) and Unusual Soldiers Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.1m against liabilities of $229k, net assets of $842k. It reported 2 employees.