The Cambodian Buddhist and Cutural Society Incopporation of Tacoma

Analysis

The Cambodian Buddhist and Cutural Society Incopporation of Tacoma is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 1998, 28 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 2020, The Cambodian Buddhist and Cutural Society Incopporation of Tacoma reported income of $66k and spending of $26k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $103k to $66k (-36%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Cambodian Buddhist and Cutural Society Incopporation of Tacoma sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Masters Theatre Inc ($66k), Soldiers for Christ International Ministries Inc ($66k) and Sikh Sevak Society ($66k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.