Wat Phreas Buddha Prathean Phar

Analysis

Wat Phreas Buddha Prathean Phar is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2007, 19 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, Wat Phreas Buddha Prathean Phar reported income of $161k and spending of $47k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $161k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 45% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wat Phreas Buddha Prathean Phar sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Messages of Gods Love-Multilingual ($161k), Crossroads Christian Ministries ($161k) and Salem Area Ecumenical Ministries ($161k).

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 $161k against liabilities of $0, net assets of $161k.