USA Songshan Shaolin Temple Foundation

Analysis

USA Songshan Shaolin Temple Foundation is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, USA Songshan Shaolin Temple Foundation reported income of $106k and spending of $99k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $106k (+524%), an average of +524% a year. The sharpest change came in the year to December 2023, when income rose by 524%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, USA Songshan Shaolin Temple Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Troup County College and Career Academy Inc ($106k), Urban Hope Development ($106k) and Quincy Trojan Booster Club ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $22k, net assets of $43k.