Siddhi Vinayaka Cultural Center Inc

Analysis

Siddhi Vinayaka Cultural Center Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2018, 8 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 2021, Siddhi Vinayaka Cultural Center Inc reported income of $1.3m and spending of $997k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2017 to December 2021, income grew from $1.1m to $1.3m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Siddhi Vinayaka Cultural Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Free Spiritual Community ($1.3m), Zion Day Care Center Inc ($1.3m) and Off the Wall Ministry ($1.3m).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $66k (6.6% of expenses). Other salaries and wages came to $252k. At year end it held assets of $3.1m against liabilities of $1.8m, net assets of $1.4m.