Chua Bao Hai

Analysis

Chua Bao Hai is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in March 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 (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, Chua Bao Hai reported income of $107k and spending of $63k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $107k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chua Bao Hai sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Gracepointe Ministries ($107k), Cap Ministries Inc ($108k) and Jump Global Network Inc ($107k).

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 $98k against liabilities of $0, net assets of $98k.