Central Texas Khmer Buddhist Temple Community

Analysis

Central Texas Khmer Buddhist Temple Community is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Central Texas Khmer Buddhist Temple Community reported income of $115k and spending of $35k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $115k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Texas Khmer Buddhist Temple Community sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Cypress Creek Cougar Athletic Booster Club Inc ($115k), Wareham Library Foundation Inc ($115k) and Foundation for Erie Public Schools ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $487k against liabilities of $6,568, net assets of $481k.