Khmer Theravadin Buddist Assoc of Tacoma and Pierce County

Analysis

Khmer Theravadin Buddist Assoc of Tacoma and Pierce County is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in November 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 2023, Khmer Theravadin Buddist Assoc of Tacoma and Pierce County reported income of $109k and spending of $81k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $109k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Khmer Theravadin Buddist Assoc of Tacoma and Pierce County 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 35th percentile within WA. Charities of a similar size with the same main cause include Alpha Agape Inc ($109k), Randall Parr Organization ($109k) and Woodston Camp Inc ($109k).

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 $84k against liabilities of $0, net assets of $84k.