Won Buddhism Orange County Temple

Analysis

Won Buddhism Orange County Temple is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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, Won Buddhism Orange County Temple reported income of $112k and spending of $112k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $360k to $112k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Won Buddhism Orange County Temple sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Pro-Kinship for Kids ($112k), Turn in Poachers of Iowa Incorporated ($112k) and Regional Dance America Southeast Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (21% of expenses). At year end it held assets of $615k against liabilities of $0, net assets of $615k. It reported 3 employees.