Pho Chieu Buddhist Center

Analysis

Pho Chieu Buddhist Center is a registered charity in United States, based in Lake Worth, FL. It received its IRS tax-exemption ruling in July 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, Pho Chieu Buddhist Center reported income of $146k and spending of $119k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $146k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pho Chieu Buddhist Center sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Grace Gospel Campgrounds Inc ($145k), Winners Christian Church ($146k) and St Josephs Dwelling Place ($145k).

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 $219k against liabilities of $0, net assets of $219k.