Pho Minh Buddhist Temple

Analysis

Pho Minh Buddhist Temple is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in March 2006, 20 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 2021, Pho Minh Buddhist Temple reported income of $72k and spending of $71k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $63k to $72k (+13%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pho Minh Buddhist Temple sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AR. Charities of a similar size with the same main cause include Sri Tara Ma Mission ($72k), Thien Tinh Buddhist Meditation ($72k) and Heavenworks ($72k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $303k against liabilities of $0, net assets of $303k.