Giac Nguyen Temple

Analysis

Giac Nguyen Temple is a registered charity in United States, based in Westminster, CA. It received its IRS tax-exemption ruling in July 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, Giac Nguyen Temple reported income of $122k and spending of $42k, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $122k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. 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, Giac Nguyen Temple sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Love Is Ministry ($122k), Harvest Home Farm Inc ($122k) and The Cornerstone Community Development Center ($122k).

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 $191k against liabilities of $0, net assets of $191k.