Congregation of Vietnamese Buddhist in Arizona

Analysis

Congregation of Vietnamese Buddhist in Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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, Congregation of Vietnamese Buddhist in Arizona reported income of $90k and spending of $112k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $90k (+80%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congregation of Vietnamese Buddhist in Arizona sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include PTA Florida Congress ($90k), Spencer Little League Assn ($90k) and PTA Texas Congress ($90k).

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 $1 against liabilities of $0, net assets of $1.