Tu Vien Giac Hai

Analysis

Tu Vien Giac Hai is a registered charity in United States, based in Hastings, MN. It received its IRS tax-exemption ruling in January 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, Tu Vien Giac Hai reported income of $217k and spending of $242k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $46k to $217k (+376%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 176%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tu Vien Giac Hai sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include In Christ Ministries Inc ($217k), Risen Savior Prince of Peace SVDP ($217k) and Heart of a Child Ministries Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,600 (4.0% of expenses). At year end it held assets of $659k against liabilities of $0, net assets of $659k.