Heguang Zen Retreat Center

Analysis

Heguang Zen Retreat Center is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Heguang Zen Retreat Center reported income of $103k and spending of $258k, spending 251% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $103k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 189% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heguang Zen Retreat Center sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Ediths House of Recovery ($103k), Conquer Cancer Coalition of Ma Inc ($103k) and Coffey County Cancer Support Group Inc ($103k).

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 $24k against liabilities of $169k, net assets of -$144k.