Wong Tai-Sen Center

Analysis

Wong Tai-Sen Center is a registered charity in United States, based in Monterey Park, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wong Tai-Sen Center reported income of $284k and spending of $257k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $260k to $284k (+9.2%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 32%. 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, Wong Tai-Sen Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Hamoreh Ministries ($284k), Cross of Our Lord Jesus Christ Ministries ($284k) and Our Fathers House of Worship Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $12k (4.7% of expenses). Other salaries and wages came to $61k. At year end it held assets of $134k against liabilities of $57k, net assets of $77k. It reported 5 employees.