Laxmi Narayan Dev Spiritual Organization

Analysis

Laxmi Narayan Dev Spiritual Organization is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in May 2009, 17 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, Laxmi Narayan Dev Spiritual Organization reported income of $447k and spending of $60k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $447k (+303%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 22% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Laxmi Narayan Dev Spiritual Organization sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include SRC International ($447k), Sephardic Community Dayanut Program Inc ($447k) and Islamic Center of Naples Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.5% of the total. At year end it held assets of $2.3m against liabilities of $777k, net assets of $1.5m.