Lavang Association Inc

Analysis

Lavang Association Inc is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in May 2004, 22 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 January 2024, Lavang Association Inc reported income of $640k and spending of $712k, spending 111% of what it took in. Across the 6 years on record, from January 2019 to January 2024, income grew from $546k to $640k (+17%), an average of +3.2% a year. The sharpest change came in the year to January 2022, when income rose by 81%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lavang Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Miracle Missionary Baptist Church ($640k), Transform Iran Inc ($640k) and Christ Life Ministries ($639k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.