Phat an Temple Inc

Analysis

Phat an Temple Inc is a registered charity in United States, based in Ocoee, FL. It received its IRS tax-exemption ruling in July 2020, 6 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, Phat an Temple Inc reported income of $248k and spending of $259k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $131k to $248k (+88%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phat an Temple Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Eagle Valley Religious Foundation ($248k), Manna House of Brunswick Inc ($248k) and Congregation of a Thousand Eyes Buddhist Temple Inc ($248k).

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 $23k (9.0% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.