Chi Sin Buddhist & Taoist Association

Analysis

Chi Sin Buddhist & Taoist Association is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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 March 2023, Chi Sin Buddhist & Taoist Association reported income of $664k and spending of $585k, spending 88% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $475k to $664k (+40%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 73%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chi Sin Buddhist & Taoist Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Palmer Park Seniors Housing Inc ($664k), St Andre Home Inc ($665k) and St George Senior Housing Inc ($664k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 17% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $310k (53% of expenses). Other salaries and wages came to $43k. At year end it held assets of $5.5m against liabilities of $0, net assets of $5.5m. It reported 4 employees.