Cuc Lac Buddhist Temple

Analysis

Cuc Lac Buddhist Temple is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Cuc Lac Buddhist Temple reported income of $229k and spending of $175k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $270k to $229k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cuc Lac Buddhist Temple sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Twelve Churches ($229k), Casa de Fe Bakersfield ($229k) and Center for Kehilla Growth ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.