Phat an Buddhist Temple of California

Analysis

Phat an Buddhist Temple of California is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in October 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, Phat an Buddhist Temple of California reported income of $77k and spending of $93k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $77k (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 198%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phat an Buddhist Temple of California sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Trung Tam Phat Ghao Van Hanh Inc ($77k), Quest Restoration Ministries ($77k) and Beyond the Bricks Inc ($77k).

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 $1 against liabilities of $28k, net assets of -$28k.