Tao and Zen Society of USA

Analysis

Tao and Zen Society of USA is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Tao and Zen Society of USA reported income of $562k and spending of $30k, leaving 95% of income unspent that year. Across the 3 years on record, from August 2019 to August 2023, income grew from $271k to $562k (+107%), an average of +44% a year. The sharpest change came in the year to August 2023, when income rose by 418%. Over the whole period it spent 21% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tao and Zen Society of USA 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 City of Hope Outreach ($561k), New Vision for Christ Ministries Inc ($562k) and Chokgyur Lingpa Foundation ($561k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. At year end it held assets of $1.1m against liabilities of $2, net assets of $1.1m.