Trung Tam Phat Ghao Van Hanh Inc

Analysis

Trung Tam Phat Ghao Van Hanh Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 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, Trung Tam Phat Ghao Van Hanh Inc reported income of $77k and spending of $59k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $77k (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 709%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trung Tam Phat Ghao Van Hanh Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within LA. Charities of a similar size with the same main cause include Beyond the Bricks Inc ($77k), Phat an Buddhist Temple of California ($77k) and Well-Pleasing Christian Foundation ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $769k against liabilities of $0, net assets of $769k.