The Mission of Tao-Confucianism

Analysis

The Mission of Tao-Confucianism is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in June 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, The Mission of Tao-Confucianism reported income of $676k and spending of $121k, leaving 82% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $128k to $676k (+429%), an average of +52% a year. The sharpest change came in the year to November 2020, when income rose by 631%. Over the whole period it spent 17% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Mission of Tao-Confucianism sits at the 73rd percentile: it is larger than about 73% 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 Central Delaware Christian Academy Inc ($676k), Community Childrens Ministry ($676k) and Aba Agc Education Fund ($676k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $24k. At year end it held assets of $9.0m against liabilities of $1,072, net assets of $9.0m.