Linh Phong Inc

Analysis

Linh Phong Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in August 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, Linh Phong Inc reported income of $82k and spending of $60k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $82k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Linh Phong Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Comeback Church Inc ($82k), Voice of Truth Church Inc ($82k) and Iglesia Pentecostal Unida Hispana de Stamford ($82k).

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 $158k against liabilities of $0, net assets of $158k.