Giac Tam Mediation Center Foundation

Analysis

Giac Tam Mediation Center Foundation is a registered charity in United States, based in Bellflower, CA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Giac Tam Mediation Center Foundation reported income of $69k and spending of $82k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $69k (-10%), an average of -10% a year. Over the whole period it spent 125% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Giac Tam Mediation Center Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Acts of Love Ministry ($69k), Tanya - Jewish Mindfulness Center Inc ($69k) and Tacklingtorah Inc ($69k).

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 $19k against liabilities of $0, net assets of $19k.