Hindu Sabha of Connecticut Inc

Analysis

Hindu Sabha of Connecticut Inc is a registered charity in United States, based in Windsor Locks, CT. It received its IRS tax-exemption ruling in October 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, Hindu Sabha of Connecticut Inc reported income of $202k and spending of $128k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $146k to $202k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 53% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Sabha of Connecticut Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include Wells Ministries Inc ($202k), Polk County Jail Ministries Inc ($202k) and Vietnamese Buddhist Fellowship of Louisiana Inc ($202k).

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 $16k (12% of expenses). Other salaries and wages came to $26k. At year end it held assets of $595k against liabilities of $270k, net assets of $325k. It reported 3 employees.