Bongwon Sah Buddhist Temple

Analysis

Bongwon Sah Buddhist Temple is a registered charity in United States, based in Temple City, CA. It received its IRS tax-exemption ruling in June 2008, 18 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, Bongwon Sah Buddhist Temple reported income of $80k and spending of $74k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $80k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bongwon Sah Buddhist Temple sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Iglesia Vision Divina ($80k), Celestial Church of Christ Garden of Comfort Parish ($80k) and Soul Seeker Ministries ($80k).

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 $98k against liabilities of $25k, net assets of $73k.