Shree Siddhi Vinayak Temple Inc

Analysis

Shree Siddhi Vinayak Temple Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in June 2019, 7 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, Shree Siddhi Vinayak Temple Inc reported income of $146k and spending of $196k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $162k to $146k (-9.7%), an average of -5.0% a year. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shree Siddhi Vinayak Temple Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include All My Heart Haiti Inc ($146k), American Friends of the Torah Leadership Institute Inc ($146k) and Saint Louis Camp Meeting Association of the Church of God ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $9,000 (4.6% of expenses). Other salaries and wages came to $8,000. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $53k. It reported 2 employees.