Saiva Siddhantha Ashram

Analysis

Saiva Siddhantha Ashram is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in January 1996, 30 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, Saiva Siddhantha Ashram reported income of $4.2m and spending of $654k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $3.5m to $4.2m (+20%), an average of +9.4% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 18% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Saiva Siddhantha Ashram sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Bais Yaakov Highschool of Chicago Inc ($4.2m), Growing Home Inc ($4.2m) and Onelife Institute Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $161k. At year end it held assets of $17.6m against liabilities of $1.2m, net assets of $16.4m.