Quan the Am Buddhist Temple of Georgia Inc

Analysis

Quan the Am Buddhist Temple of Georgia Inc is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in July 2014, 12 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, Quan the Am Buddhist Temple of Georgia Inc reported income of $146k and spending of $66k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $90k to $146k (+63%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Quan the Am Buddhist Temple of Georgia Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within GA. Charities of a similar size with the same main cause include A Flame for Christ Ministries ($146k), Kbers International Inc ($146k) and League of Saint Martin Foundation ($146k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $502k against liabilities of $8,593, net assets of $494k. It reported 1 employees.