Wat Lao Buddha Sattha Dhamma Inc

Analysis

Wat Lao Buddha Sattha Dhamma Inc is a registered charity in United States, based in Alto, GA. It received its IRS tax-exemption ruling in February 2010, 16 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, Wat Lao Buddha Sattha Dhamma Inc reported income of $124k and spending of $87k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $124k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. 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, Wat Lao Buddha Sattha Dhamma Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within GA. Charities of a similar size with the same main cause include Claretian Missionaries Nigeria ($124k), Jesus Is Enough Corp ($124k) and Food and Jesus Now Inc ($124k).

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 $467k against liabilities of $0, net assets of $467k.