Tinh That Hanh Nguyen Buddhist Center

Analysis

Tinh That Hanh Nguyen Buddhist Center is a registered charity in United States, based in Rosharon, TX. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tinh That Hanh Nguyen Buddhist Center reported income of $68k and spending of $54k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $235k to $68k (-71%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tinh That Hanh Nguyen Buddhist Center sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Hal Linhardt Evangelisticassociation ($68k), Revivaltime Ministries ($68k) and Iglesia Morada de Jacob ($68k).

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 $978k against liabilities of $452k, net assets of $526k.