Vien Thong Pagoda

Analysis

Vien Thong Pagoda is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2004, 22 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, Vien Thong Pagoda reported income of $733k and spending of $651k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $733k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 94%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vien Thong Pagoda sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Catholic Press Association of the United States Inc ($733k), Living Stones International ($733k) and Ecs Ministries ($733k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $69k (11% of expenses). At year end it held assets of $7.7m against liabilities of $1.3m, net assets of $6.4m. It reported 5 employees.