Mat Son Buddhist Temple Inc

Analysis

Mat Son Buddhist Temple Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in November 2016, 10 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, Mat Son Buddhist Temple Inc reported income of $213k and spending of $88k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $213k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mat Son Buddhist Temple Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include David Bibey Ministries Inc ($213k), Leadership Investment Intensives Inc ($213k) and Kindred Life Ministries Inc ($213k).

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 $548k against liabilities of $193k, net assets of $355k.