Phap Vu Buddhist Cultural Centre of Florida Inc

Analysis

Phap Vu Buddhist Cultural Centre of Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in October 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, Phap Vu Buddhist Cultural Centre of Florida Inc reported income of $581k and spending of $417k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $585k to $581k (-0.7%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phap Vu Buddhist Cultural Centre of Florida Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Society for the Advancement of Ecclesial Theology ($581k), Bosnian American Islamic Cultural Center ($582k) and Faith Community Television Inc ($580k).

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 $4.1m against liabilities of $903k, net assets of $3.2m.