Zhong Yue Shaolin Temple Inc

Analysis

Zhong Yue Shaolin Temple Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Zhong Yue Shaolin Temple Inc reported income of $160k and spending of $110k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $160k (-36%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 189%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zhong Yue Shaolin Temple Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Buhach Pentecost Incorporated ($160k), Haitian Impact Christian Ministries ($160k) and Go Promoters Inc ($160k).

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 $971k against liabilities of $750k, net assets of $221k.