Wat Lao Khantidhammaram

Analysis

Wat Lao Khantidhammaram is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2005, 21 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 2023, Wat Lao Khantidhammaram reported income of $101k and spending of $89k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $53k to $101k (+91%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wat Lao Khantidhammaram sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within NV. Charities of a similar size with the same main cause include Societa S Francesco Di Paola ($101k), Winfield Main Street Program Inc ($101k) and Lamb-Latin American Mission Board Inc ($101k).

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 $171k against liabilities of $0, net assets of $171k.