Great Light Tao
Analysis
Great Light Tao is a registered charity in United States, based in Rosemead, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Great Light Tao reported income of $91k and spending of $95k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $12k to $91k (+678%), an average of +67% a year. The sharpest change came in the year to December 2021, when income rose by 2121%. Over the whole period it spent 155% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Great Light Tao sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Brad White Ministries ($91k), Gospel Friendships Outreach Incorporated ($91k) and Delta Missions ($91k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $79k (83% of expenses). At year end it held assets of $733k against liabilities of $5,001, net assets of $728k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brad White Ministries | Brownsville | $91k |
| Gospel Friendships Outreach Incorporated | Carrollton | $91k |
| Delta Missions | Indianola | $91k |
| By His Spirit Assembly | Glenarden | $91k |