Thien Tam Tu

Analysis

Thien Tam Tu is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in April 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, Thien Tam Tu reported income of $558k and spending of $622k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $558k (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 70%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thien Tam Tu sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Cactus Nazarene Ministry Center ($558k), Catholic Sports ($558k) and Horizon University a California Non Profit Religious Group ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $5.0m against liabilities of $92k, net assets of $4.9m.