Philadelphia Buddhist Light Temple Inc

Analysis

Philadelphia Buddhist Light Temple Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2003, 23 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 April 2024, Philadelphia Buddhist Light Temple Inc reported income of $164k and spending of $16k, leaving 90% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $160k to $164k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to April 2024, when income rose by 24%. Over the whole period it spent 12% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philadelphia Buddhist Light Temple Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Adullam Church ($164k), Without Spot or Wrinkle Ministries ($164k) and United Methodist Volunteers in Mission ($164k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $2.0m against liabilities of $5,200, net assets of $2.0m.