Hindu Community and Cultural Center

Analysis

Hindu Community and Cultural Center is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in August 1977, 49 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 Community and Cultural Center reported income of $6.2m and spending of $4.7m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $6.2m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hindu Community and Cultural Center sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include US Southwestern Falun Dafa Association ($6.2m), Lutheran Services in America Incorporated ($6.3m) and Kolel Torah Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $88k (1.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $30.2m against liabilities of $1.3m, net assets of $28.9m. It reported 38 employees.