Dao Vien Buddhist Temple

Analysis

Dao Vien Buddhist Temple is a registered charity in United States, based in Edgewood, MD. It received its IRS tax-exemption ruling in May 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, Dao Vien Buddhist Temple reported income of $393k and spending of $234k, leaving 40% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $230k to $393k (+71%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dao Vien Buddhist Temple sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Hope Everlasting Ministry ($393k), Faithx Project Inc ($393k) and Legacy Outfitters ($393k).

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 $681k against liabilities of $0, net assets of $681k.