Carolina Murugan Temple

Analysis

Carolina Murugan Temple is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in January 2020, 6 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, Carolina Murugan Temple reported income of $179k and spending of $145k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $157k to $179k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 34% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Carolina Murugan Temple sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Likewise Ministry ($179k), Engedi Ministries International Inc ($179k) and Huang Da Xian Taoist Temple Inc ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. At year end it held assets of $1.2m against liabilities of $289k, net assets of $910k.