Chua Dieu Phap Inc

Analysis

Chua Dieu Phap Inc is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chua Dieu Phap Inc reported income of $287k and spending of $110k, leaving 62% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $17k to $287k (+1546%), an average of +154% a year. The sharpest change came in the year to December 2020, when income rose by 390%. 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, Chua Dieu Phap Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Hope Association ($287k), Youth with a Mission Nashville Inc ($287k) and Heart of Grace Ministries ($287k).

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 $431k against liabilities of $0, net assets of $431k.