Phat Da Buddhist Congregation Inc

Analysis

Phat Da Buddhist Congregation Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2000, 26 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, Phat Da Buddhist Congregation Inc reported income of $254k and spending of $212k, spending 84% of its income. Across the 2 years on record, from December 2019 to December 2023, income grew from $163k to $254k (+56%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phat Da Buddhist Congregation Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Global Transformation Ministries Inc ($254k), Harold Coomer Evangelisticassociation Incorporated ($254k) and Tenacious Grace Ministries ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $529k against liabilities of $0, net assets of $529k.