Congregation of a Thousand Eyes Buddhist Temple Inc

Analysis

Congregation of a Thousand Eyes Buddhist Temple Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in October 2012, 14 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, Congregation of a Thousand Eyes Buddhist Temple Inc reported income of $248k and spending of $208k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $43k to $248k (+471%), an average of +79% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Congregation of a Thousand Eyes Buddhist Temple Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Xavier Baez Ministries ($248k), Eagle Valley Religious Foundation ($248k) and Eagle Ledge Foundation Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 43% of the total. At year end it held assets of $917k against liabilities of $0, net assets of $917k.