Great Love of Confucianism and Tao Association Inc

Analysis

Great Love of Confucianism and Tao Association Inc is a registered charity in United States, based in Columbia, PA. It received its IRS tax-exemption ruling in February 1999, 27 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 August 2023, Great Love of Confucianism and Tao Association Inc reported income of $87k and spending of $64k, leaving 27% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $152k to $87k (-43%), an average of -13% a year. The sharpest change came in the year to August 2023, when income rose by 71%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Great Love of Confucianism and Tao Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Korean Catholic Broadcasting Station Inc ($87k), Cutting Edge Outreach Ministries Inc ($87k) and Family of Loving Disciples ($87k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $35k. At year end it held assets of $324k against liabilities of $48k, net assets of $276k. It reported 2 employees.