Vien Am Monastery

Analysis

Vien Am Monastery is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in February 2019, 7 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, Vien Am Monastery reported income of $116k and spending of $54k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $144k to $116k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vien Am Monastery sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within AL. Charities of a similar size with the same main cause include United Community of Muslims ($116k), Gary Permenter Ministries Inc ($116k) and Social-Education- & Athletic Club ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $332k against liabilities of $0, net assets of $332k.