Nhat Quang Buddist Center

Analysis

Nhat Quang Buddist Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in January 2006, 20 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, Nhat Quang Buddist Center reported income of $60k and spending of $49k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $60k (-3.6%), an average of -3.6% a year. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nhat Quang Buddist Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Potters Clay ($60k), Riverview Christian Fellowship ($60k) and Inner Empowerment Center ($60k).

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 $172k against liabilities of $0, net assets of $172k.