Dao Trang Thien Quang

Analysis

Dao Trang Thien Quang is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in March 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 2023, Dao Trang Thien Quang reported income of $437k and spending of $286k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $437k (+1.8%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 241%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dao Trang Thien Quang sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Yongey Foundation ($437k), Evangelicals for Social Action Fresno Incorporated ($438k) and Friends Missionary Prayer Band-Us ($437k).

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 $882k against liabilities of $0, net assets of $882k.