Texas Teo-Chew Temple

Analysis

Texas Teo-Chew Temple is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1993, 33 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 2019, Texas Teo-Chew Temple reported income of $489k and spending of $360k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2018 to December 2019, income fell from $600k to $489k (-18%), an average of -18% a year. The sharpest change came in the year to December 2019, when income dropped by 18%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Teo-Chew Temple sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Nami Mercer NJ Inc ($489k), Luther Terrace Inc ($489k) and Nemaha Valley Health Care Foundation ($489k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $18k. At year end it held assets of $3.3m against liabilities of $91, net assets of $3.3m. It reported 2 employees.