Tam Nguyen Temple III

Analysis

Tam Nguyen Temple III is a registered charity in United States, based in Indio, CA. It received its IRS tax-exemption ruling in May 2013, 13 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, Tam Nguyen Temple III reported income of $499k and spending of $684k, spending 137% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $404k to $499k (+24%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tam Nguyen Temple III sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Life Transforming Ministries ($499k), Hope for Iraqi Christians ($499k) and India Gospel Mission ($499k).

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 $567k against liabilities of $0, net assets of $567k.