Austin Hindu Temple And Community Center

Austin Hindu Temple And Community Center shows strong financial growth with zero reported officer compensation.

EIN: 10564933 · Austin, TX · NTEE: X70 · Updated: 2026-03-28

$2.5MRevenue
$11.0MAssets
95/100Mission Score (Excellent)
X70

Is Austin Hindu Temple And Community Center Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Austin Hindu Temple And Community Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Austin Hindu Temple And Community Center

Austin Hindu Temple And Community Center (EIN: 10564933) is a nonprofit organization based in Austin, TX, classified under NTEE code X70. The organization reported total revenue of $2.5M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Austin Hindu Temple And Community Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

6Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Austin Hindu Temple And Community Center is a mid-size nonprofit that has been operating for 6 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.1M
Total Expenses$1.1M
Surplus / Deficit+$1.1M
Total Assets$10.0M
Total Liabilities$1.6M
Net Assets$8.4M
Operating Margin50.0%
Debt-to-Asset Ratio15.8%
Months of Reserves113.1 months

Financial Health Grade: A

In 2023, Austin Hindu Temple And Community Center reported a surplus of $1.1M with revenue exceeding expenses, holds 113.1 months of operating reserves (strong position), has a debt-to-asset ratio of 15.8% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Austin Hindu Temple And Community Center's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+18.4%+9.5%+9.8%
2022+7.6%+1.3%+8.1%
2021+23.1%+30.7%+3.7%
2020-14.0%-16.4%+9.7%
2019+19.3%+8.1%+2.1%

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2020

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Austin Hindu Temple And Community Center demonstrates strong financial health and efficient spending based on its recent IRS 990 filings. In the 2023 fiscal period, the organization reported revenues of $2,121,091 against expenses of $1,060,841, indicating a significant surplus that contributes to its growing asset base, which reached $9,996,515. This consistent surplus generation over several years, with revenues generally outpacing expenses, suggests sound financial management and sustainability. The organization's liabilities have also shown a decreasing trend from a high of $2,799,166 in 2017 to $1,583,944 in 2023, further strengthening its balance sheet. Regarding spending efficiency, the organization consistently reports 0% officer compensation across all available filings, which is a notable indicator of volunteer-driven leadership and a commitment to directing funds towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the substantial difference between revenue and expenses, coupled with zero officer compensation, implies a high proportion of funds are likely allocated to programmatic activities or asset growth for future programs. The consistent growth in assets, from $6,494,074 in 2014 to nearly $10 million in 2023, further supports the idea of effective resource accumulation for its community center and temple operations. In terms of transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The absence of officer compensation is a strong positive signal for transparency and public trust, as it suggests that the organization's leadership is not drawing salaries from the nonprofit's funds. The clear trend of increasing assets and decreasing liabilities over the past decade also provides a transparent view of its financial stability and growth.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Austin Hindu Temple And Community Center with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Austin Hindu Temple And Community Center allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.1MTotal Revenue
$1.1MTotal Expenses
$10.0MTotal Assets
$1.6MTotal Liabilities
$8.4MNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is volunteer-based and that all funds are directed towards the organization's mission and operational costs, rather than executive salaries.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Austin Hindu Temple And Community Center:

Frequently Asked Questions about Austin Hindu Temple And Community Center

Is Austin Hindu Temple And Community Center a legitimate charity?

Based on AI analysis of IRS 990 filings, Austin Hindu Temple And Community Center (EIN: 10564933) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Austin Hindu Temple And Community Center spend its money?

Austin Hindu Temple And Community Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Austin Hindu Temple And Community Center tax-deductible?

Austin Hindu Temple And Community Center is registered as a tax-exempt nonprofit (EIN: 10564933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Austin Hindu Temple And Community Center financially stable?

Yes, the organization is financially stable. It has consistently generated significant revenue surpluses, with revenues of $2,121,091 against expenses of $1,060,841 in 2023, and has grown its assets from $6.5 million in 2014 to nearly $10 million in 2023, while also reducing liabilities.

How much of its funds go to executive salaries?

The organization reports 0% officer compensation across all available IRS 990 filings, indicating that no funds are used for executive salaries.

Has the organization's financial health improved over time?

Yes, its financial health has significantly improved. Revenues have steadily increased from $1,013,812 in 2015 to over $2.1 million in 2023, assets have nearly doubled from $6.5 million to $10 million, and liabilities have decreased from a peak of $2.79 million in 2017 to $1.58 million in 2023.

Filing History

IRS 990 filing history for Austin Hindu Temple And Community Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Austin Hindu Temple And Community Center's revenue has grown by 123%, moving from $951K to $2.1M. Total assets increased by 184.6% over the same period, from $3.5M to $10.0M. Total functional expenses rose by 66.6%, from $637K to $1.1M. In its most recent filing year (2023), Austin Hindu Temple And Community Center reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $10.0M in assets (debt-to-asset ratio: 15.8%), resulting in net assets of $8.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.1M $1.1M $10.0M $1.6M
2022 $1.8M $968K $9.1M $1.8M View 990
2021 $1.7M $956K $8.4M $1.9M View 990
2020 $1.4M $732K $8.1M $2.3M
2019 $1.6M $875K $7.4M $2.2M View 990
2018 $1.3M $809K $7.2M $2.8M View 990
2017 $1.3M $1.2M $6.8M $2.8M View 990
2016 $1.2M $1.0M $6.5M $2.6M View 990
2015 $1.0M $992K $6.5M $2.7M View 990
2014 $1.3M $1.1M $6.5M $2.7M View 990
2013 $1.5M $882K $6.3M $2.8M View 990
2012 $974K $601K $3.8M $853K View 990
2011 $951K $637K $3.5M $912K View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Austin Hindu Temple And Community Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Texas

Explore more nonprofits based in Texas with AI-powered transparency reports.

View all Texas nonprofits →

Similar Organizations (NTEE X70)

Other nonprofits classified under NTEE code X70.

View all X70 nonprofits →

Related Nonprofits

Browse by State