Fa Chan Temple

Analysis

Fa Chan Temple is a registered charity in United States, based in Hesperia, CA. It received its IRS tax-exemption ruling in July 2017, 9 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, Fa Chan Temple reported income of $1.6m and spending of $104k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $398k to $1.6m (+311%), an average of +311% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 9.2% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fa Chan Temple sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Safehouse Outreach Inc ($1.6m), Revival Presbyterian Church of Cape Cod ($1.6m) and Evantell Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,650. At year end it held assets of $2.4m against liabilities of $5,006, net assets of $2.4m.