Tranquil Lotus Blossom

Analysis

Tranquil Lotus Blossom is a registered charity in United States, based in Azusa, CA. It received its IRS tax-exemption ruling in February 2020, 6 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 August 2023, Tranquil Lotus Blossom reported income of $399k and spending of $8,273, leaving 98% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $112k to $399k (+255%), an average of +255% a year. The sharpest change came in the year to August 2023, when income rose by 255%. Over the whole period it spent 2.0% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tranquil Lotus Blossom sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Christ Healing Center Ministries ($399k), Roundup Ministeries ($399k) and Upon the Rock ($399k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $726k against liabilities of $0, net assets of $726k.