Tu Vien Truc Lam Buddhist Central Inc

Analysis

Tu Vien Truc Lam Buddhist Central Inc is a registered charity in United States, based in Riverdale, GA. It received its IRS tax-exemption ruling in February 2007, 19 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 Vien Truc Lam Buddhist Central Inc reported income of $553k and spending of $371k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $553k (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tu Vien Truc Lam Buddhist Central Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Tribe 12 ($553k), 4 Market Square ($554k) and Apostolic Revival Ministries ($553k).

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 $2.1m against liabilities of $700k, net assets of $1.4m.