Lao Dhamma Sacca Temple Inc

Analysis

Lao Dhamma Sacca Temple Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in June 1996, 30 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, Lao Dhamma Sacca Temple Inc reported income of $224k and spending of $492k, spending 220% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income grew from $207k to $224k (+8.0%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 261%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lao Dhamma Sacca Temple Inc 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 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Project Lee Ministries Inc ($224k), Islamic Society of Midwest Inc ($224k) and Irving and Varda Rabin Foundation ($224k).

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 $1.1m against liabilities of $0, net assets of $1.1m.