Lao Buddhist Temple of Visalia

Analysis

Lao Buddhist Temple of Visalia is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in September 1997, 29 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 Buddhist Temple of Visalia reported income of $93k and spending of $86k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $55k to $93k (+71%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lao Buddhist Temple of Visalia sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Christian Worship Center a NJ Nonprofit Corp ($93k), Central Florida Tres Dias Inc ($93k) and Highway Connections ($93k).

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 $232k against liabilities of $0, net assets of $232k.