Phap Nhan Temple

Analysis

Phap Nhan Temple is a registered charity in United States, based in Del Valle, TX. It received its IRS tax-exemption ruling in July 2015, 11 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, Phap Nhan Temple reported income of $63k and spending of $9,579, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $63k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 18% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phap Nhan Temple sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Friends of the Baptist Student Union at Missouri S&t Inc ($63k), Hope Club of Niagara Inc ($63k) and Wayne Trace Character Academy ($63k).

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 $287k against liabilities of $0, net assets of $287k.