Vien Minh Buddhist Temples in California in the US

Analysis

Vien Minh Buddhist Temples in California in the US is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in February 2011, 15 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, Vien Minh Buddhist Temples in California in the US reported income of $55k and spending of $47k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $267k to $55k (-79%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 24% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vien Minh Buddhist Temples in California in the US sits at the 24th percentile: it is larger than about 24% 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 Gideons Motorcycle Club Inc ($55k), Global Training Ministries Inc ($55k) and Empower International Ministries ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $600 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $545k, net assets of $596k.