U S a Shao Lin Temple Corp

Analysis

U S a Shao Lin Temple Corp is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1996, 30 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 2022, U S a Shao Lin Temple Corp reported income of $222k and spending of $145k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $220k to $222k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, U S a Shao Lin Temple Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Friends of the Jerusalem Institute for Strategy & Security Inc ($222k), Bethany Centre Alliance ($223k) and Out Island Ministries Inc ($222k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $475k against liabilities of $515k, net assets of -$39k.