Fujian Longtoujing Ancestral Temple Inc

Analysis

Fujian Longtoujing Ancestral Temple Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fujian Longtoujing Ancestral Temple Inc reported income of $136k and spending of $27k, leaving 80% of income unspent that year. Across the 2 years on record, from November 2022 to December 2023, income fell from $2.1m to $136k (-93%), an average of -93% a year. The sharpest change came in the year to December 2023, when income dropped by 93%. Over the whole period it spent 2.8% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fujian Longtoujing Ancestral Temple Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Best Family Ministries ($136k), Lets Go Ministries ($136k) and Strategic Kingdom Building Ministries Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.