Davenport Buddhist Association Kim Cang Temple

Analysis

Davenport Buddhist Association Kim Cang Temple is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in June 2015, 11 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, Davenport Buddhist Association Kim Cang Temple reported income of $227k and spending of $140k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $139k to $227k (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Davenport Buddhist Association Kim Cang Temple sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include Awakening Hope Ministries Inc ($227k), Shree Maharishi Bhrigu Ashram ($227k) and Kingdom Glorious Tabernacle - Church ($227k).

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 $241k against liabilities of $0, net assets of $241k.