Vietnamese Buddhist Association of Southwest Florida

Analysis

Vietnamese Buddhist Association of Southwest Florida is a registered charity in United States, based in N Ft Myers, FL. It received its IRS tax-exemption ruling in April 2011, 15 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, Vietnamese Buddhist Association of Southwest Florida reported income of $78k and spending of $88k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $78k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese Buddhist Association of Southwest Florida sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Servant Ministries ($78k), Michael Ciociola Ministries Incorporated ($78k) and Mary Our Mother Foundation ($78k).

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 $198k against liabilities of $0, net assets of $198k.