Wat Lao Boubpharam of San Diego

Analysis

Wat Lao Boubpharam of San Diego is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 1999, 27 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, Wat Lao Boubpharam of San Diego reported income of $202k and spending of $56k, leaving 72% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $322k to $202k (-37%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wat Lao Boubpharam of San Diego sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Albion Education Foundation ($202k), Dharma Rain Meditation Center ($202k) and Muslim Group of USA and Canada ($201k).

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 $1.9m against liabilities of $0, net assets of $1.9m.