Sri Maha Lakshmi Temple of Atlanta Inc

Analysis

Sri Maha Lakshmi Temple of Atlanta Inc is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sri Maha Lakshmi Temple of Atlanta Inc reported income of $542k and spending of $343k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $542k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sri Maha Lakshmi Temple of Atlanta Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Camp Lehava Inc ($542k), Slow Money Institute Inc ($542k) and Inspirational Gospel Assembly Inc ($542k).

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 $36k (11% of expenses). Other salaries and wages came to $37k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.