Tue Vien-Wisdom Garden Buddhist Center

Analysis

Tue Vien-Wisdom Garden Buddhist Center is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Tue Vien-Wisdom Garden Buddhist Center reported income of $503k and spending of $75k, leaving 85% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $134k to $503k (+275%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 238%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tue Vien-Wisdom Garden Buddhist Center sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Passion Ministries Inc ($503k), Central Florida Bible Camp Inc ($503k) and Congregational Foundation Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $2, net assets of $1.0m.