Southern California Chinese Buddhist Temple

Analysis

Southern California Chinese Buddhist Temple is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1992, 34 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 May 2022, Southern California Chinese Buddhist Temple reported income of $62k and spending of $62k, spending 100% of its income. Across the 3 years on record, from May 2020 to May 2022, income fell from $64k to $62k (-3.2%), an average of -1.6% a year. The sharpest change came in the year to May 2022, when income rose by 75%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Southern California Chinese Buddhist Temple sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Dick Senter Ministries Inc ($62k), Vietnamese Buddhist Zen Center Truc Lam Hoa Tu Monastery ($62k) and Yeloline Initiative Inc ($62k).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $667k against liabilities of $8,245, net assets of $658k.