Duc Vien Buddhist Community Pagoda

Analysis

Duc Vien Buddhist Community Pagoda is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 1985, 41 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, Duc Vien Buddhist Community Pagoda reported income of $1.6m and spending of $1.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $987k to $1.6m (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Duc Vien Buddhist Community Pagoda sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Greensboro Childrens Museum ($1.6m), Child Freedom Coalition Inc ($1.6m) and Paducah McCracken County Senior Citizens Inc ($1.6m).

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 $11.6m against liabilities of $838k, net assets of $10.7m.