Gee Gong Temple Inc

Analysis

Gee Gong Temple Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1999, 27 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 February 2023, Gee Gong Temple Inc reported income of $312k and spending of $11k, leaving 97% of income unspent that year. Across the 4 years on record, from February 2020 to February 2023, income grew from $156k to $312k (+99%), an average of +26% a year. The sharpest change came in the year to February 2021, when income rose by 275%. Over the whole period it spent 22% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gee Gong Temple Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Lombard Mennonite Peace Center ($312k), Life Balance Institute ($312k) and Mikveh Israel Inc ($312k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.1m against liabilities of $2,800, net assets of $2.1m.