Wat Florida Dhammaram Inc

Analysis

Wat Florida Dhammaram Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in June 1998, 28 years ago. 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 Florida Dhammaram Inc reported income of $204k and spending of $228k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $343k to $204k (-41%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 214%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wat Florida Dhammaram Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include St Helena Public Schools Foundation ($204k), Transition House of Tennessee Inc ($204k) and Dixon Family Services ($204k).

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 $3.5m against liabilities of $0, net assets of $3.5m.