Won Buddhism San Francisco Temple

Analysis

Won Buddhism San Francisco Temple is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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, Won Buddhism San Francisco Temple reported income of $100k and spending of $153k, spending 152% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $73k to $100k (+37%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Won Buddhism San Francisco Temple sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Calaveras Youth Soccer League ($100k), Rites of Passage ($100k) and Taps for Veterans ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $18k (12% of expenses). At year end it held assets of $386k against liabilities of $0, net assets of $386k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.