Wat Chaobuddha of San Bernardino

Analysis

Wat Chaobuddha of San Bernardino is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in December 1993, 33 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, Wat Chaobuddha of San Bernardino reported income of $59k and spending of $53k, spending 90% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $63k to $59k (-6.8%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wat Chaobuddha of San Bernardino sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include PTA Texas Congress ($59k), Comal County Child Welfare Board Inc ($59k) and Alachua County Library District Foundation ($59k).

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 $617k against liabilities of $1, net assets of $617k.