Buddhist Temple of Won Deung Sa Inc

Analysis

Buddhist Temple of Won Deung Sa Inc is a registered charity in United States, based in Five Points, AL. It received its IRS tax-exemption ruling in November 2004, 22 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, Buddhist Temple of Won Deung Sa Inc reported income of $62k and spending of $32k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $62k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddhist Temple of Won Deung Sa Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Strategic Global Missions Inc ($62k), Islamic Education Center ($62k) and Holy Trinity-Holy Cross Greek Orthodox Cathedral Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.