Tu Quang Temple

Analysis

Tu Quang Temple is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in August 2016, 10 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, Tu Quang Temple reported income of $80k and spending of $55k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $80k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tu Quang Temple 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 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Peggy Cole Ministries International ($80k), Fast Missions ($80k) and International Congress of Churches and Ministers ($80k).

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 $112k against liabilities of $0, net assets of $112k.