Vietnamese Bhikshu Buddhist Association Temple Phap Duyen

Analysis

Vietnamese Bhikshu Buddhist Association Temple Phap Duyen is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in June 1984, 42 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, Vietnamese Bhikshu Buddhist Association Temple Phap Duyen reported income of $57k and spending of $72k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $57k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vietnamese Bhikshu Buddhist Association Temple Phap Duyen sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Lutheran Cursillo of Southern Calif ($57k), Cottonwood Rural Fire Association ($57k) and Hay Foundation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.