Vietnamese Buddhism Study Temple in America

Analysis

Vietnamese Buddhism Study Temple in America is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in June 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 2021, Vietnamese Buddhism Study Temple in America reported income of $752k and spending of $434k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $606k to $752k (+24%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese Buddhism Study Temple in America sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include House of Faith-San Angelo ($751k), McGowan Global Institute ($752k) and Princess Belemzy Ministries ($751k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.2m against liabilities of $915k, net assets of $3.3m.