Vietnam Great Tripitaka Foundation

Analysis

Vietnam Great Tripitaka Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 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, Vietnam Great Tripitaka Foundation reported income of $308k and spending of $257k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $266k to $308k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnam Great Tripitaka Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Liberating Ministeries for Christ International Inc ($308k), Wings of Faith ($308k) and Mike Kruger Ministries Inc ($308k).

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 $190k against liabilities of $0, net assets of $190k.