Huyen Quang Buddhist Research Institute

Analysis

Huyen Quang Buddhist Research Institute is a registered charity in United States, based in Royse City, 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, Huyen Quang Buddhist Research Institute reported income of $238k and spending of $396k, spending 167% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $77k to $238k (+210%), an average of +76% a year. The sharpest change came in the year to December 2022, when income rose by 226%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Huyen Quang Buddhist Research Institute sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Revive Ohio Mobile Outreach Inc ($238k), Shabtai ($238k) and Indigenous Advance Ministries ($238k).

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 $1.4m against liabilities of $228k, net assets of $1.1m.