Phuoc Hoa Buddhist Center Inc

Analysis

Phuoc Hoa Buddhist Center Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in January 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, Phuoc Hoa Buddhist Center Inc reported income of $162k and spending of $160k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $164k to $162k (-1.1%), an average of -0.6% a year. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phuoc Hoa Buddhist Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Beautiful Deliverance ($162k), Living Word Outdoor Drama Inc ($162k) and Raise Up the Roof Foundation Inc ($162k).

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 $4,997 against liabilities of $0, net assets of $4,997.