Linh Phong Buddhist Center Corporation

Analysis

Linh Phong Buddhist Center Corporation is a registered charity in United States, based in Byron, GA. It received its IRS tax-exemption ruling in August 2019, 7 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, Linh Phong Buddhist Center Corporation reported income of $60k and spending of $27k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $60k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 41% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Linh Phong Buddhist Center Corporation 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 24th percentile within GA. Charities of a similar size with the same main cause include Patterns for Life Inc ($60k), Discipleship Inc ($60k) and Freedom of Grace Church Inc ($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 $365k against liabilities of $0, net assets of $365k.