Palbar Ling Center Inc

Analysis

Palbar Ling Center Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 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 (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, Palbar Ling Center Inc reported income of $139k and spending of $136k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $305k to $139k (-54%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Palbar Ling Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Apologetics Study Bible Pilgrimages to the Holy Land ($139k), Peace House Ministries ($139k) and Truth Encounters ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,846 (7.2% of expenses). At year end it held assets of $528k against liabilities of $0, net assets of $528k. It reported 1 employees.