Sri Sai Satyanarayana Temple

Analysis

Sri Sai Satyanarayana Temple is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 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 2023, Sri Sai Satyanarayana Temple reported income of $260k and spending of $102k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $260k (+145%), an average of +145% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sri Sai Satyanarayana Temple sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include St Joseph Guardian of the Holy Family Conference of the Society O ($260k), Northside Outreach Center Incorporated ($260k) and Solomons Porch Worship Center ($260k).

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 $64k. At year end it held assets of $289k against liabilities of $0, net assets of $289k. It reported 2 employees.