Phuoc Hue Temple

Analysis

Phuoc Hue Temple is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in June 2014, 12 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, Phuoc Hue Temple reported income of $66k and spending of $64k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $66k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phuoc Hue Temple sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within AR. Charities of a similar size with the same main cause include Green Pastures Study Center Inc ($66k), Melchizedeks Treasure Ltd ($66k) and Grace Iris Ministries Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.