Giac an Buddhist Monastery Giac an Tinh Xa

Analysis

Giac an Buddhist Monastery Giac an Tinh Xa is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in December 2015, 11 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 December 2023, Giac an Buddhist Monastery Giac an Tinh Xa reported income of $504k and spending of $205k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $504k (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Giac an Buddhist Monastery Giac an Tinh Xa sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Ministries of Jesus Inc ($504k), Islamic Education Center Inc ($504k) and Ministerios Fraternidad Cristiana Trenton Inc ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.