Friends of Thien Phuoc Abbey Foundation

Analysis

Friends of Thien Phuoc Abbey Foundation is a registered charity in United States, based in Fountain Vly, CA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Friends of Thien Phuoc Abbey Foundation reported income of $143k and spending of $140k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $130k to $143k (+10%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Thien Phuoc Abbey Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Emmanuel Missionary Institute Inc ($143k), Paugh International Inc ($143k) and Iglesia de Cristo Misionera Inc ($143k).

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 $17k against liabilities of $0, net assets of $17k.