Cao Dai Inc

Analysis

Cao Dai Inc is a registered charity in United States, based in Morrow, GA. It received its IRS tax-exemption ruling in September 2003, 23 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, Cao Dai Inc reported income of $116k and spending of $66k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $116k (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cao Dai Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within GA. Charities of a similar size with the same main cause include White Heron Sangha ($116k), House of Praise & Worship ($117k) and Yucatan Peninsula Mission Inc ($116k).

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.