Sri Venkateshwara Temple

Analysis

Sri Venkateshwara Temple is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. 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 Venkateshwara Temple reported income of $145k and spending of $152k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $145k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sri Venkateshwara Temple sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers and Students Inc ($145k), PTA California Congress of Parents Teachers & Students Inc ($145k) and PTA Texas Congress ($145k).

At year end it held assets of $114k against liabilities of $0, net assets of $114k.