Vietnamese - American Buddhist Association Niem Xu Thien Vien Inc

Analysis

Vietnamese - American Buddhist Association Niem Xu Thien Vien Inc is a registered charity in United States, based in Leesburg, FL. It received its IRS tax-exemption ruling in September 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, Vietnamese - American Buddhist Association Niem Xu Thien Vien Inc reported income of $337k and spending of $217k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $670k to $337k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 17% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese - American Buddhist Association Niem Xu Thien Vien Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Rematriation Inc ($337k), Lighthouse Church Plants ($337k) and Ravens Inc ($337k).

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 $6.8m against liabilities of $4,594, net assets of $6.8m.