Chua Pho Tu

Analysis

Chua Pho Tu is a registered charity in United States, based in Cherryland, CA. It received its IRS tax-exemption ruling in January 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, Chua Pho Tu reported income of $1.4m and spending of $1.6m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $1.4m (+537%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 490%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chua Pho Tu sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Comunidad Cristiana Pembroke Pines Inc ($1.4m), Yeshivas Ohr V Daas ($1.4m) and Friends of Lake Swan Camp Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.