Khuon-Viet Buddist Monestery of America

Analysis

Khuon-Viet Buddist Monestery of America is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in March 1982, 44 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, Khuon-Viet Buddist Monestery of America reported income of $233k and spending of $180k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $233k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Khuon-Viet Buddist Monestery of America sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Cheshire Home Inc Temple Univ Disabled Student Service ($233k), Omaha Town Hall Lecture Series Inc ($233k) and Coras Intergenerational Center ($233k).

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 $1.2m against liabilities of $0, net assets of $1.2m.