Hindu Temple Society of New Mexico 020399

Analysis

Hindu Temple Society of New Mexico 020399 is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 2000, 26 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, Hindu Temple Society of New Mexico 020399 reported income of $370k and spending of $101k, leaving 73% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $64k to $370k (+479%), an average of +141% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Temple Society of New Mexico 020399 sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Japanese Christian Fellowship Network ($370k), Bayside Church Inc ($370k) and Reformed Forum ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 1 employees.