Tu Bi Quan Am Dao Trang Temple Inc

Analysis

Tu Bi Quan Am Dao Trang Temple Inc is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in May 2009, 17 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, Tu Bi Quan Am Dao Trang Temple Inc reported income of $121k and spending of $64k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $154k to $121k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tu Bi Quan Am Dao Trang Temple Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Risk Takers for Christ Inc ($121k), LA Frontera Youth Ministry Education Inc ($121k) and First Baptist Church of Universal City of Enduring Love Foundation ($121k).

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 $991k against liabilities of $219k, net assets of $772k.