Linh Quang Buddhist Meditation Temple is located in Abington, MA. The organization was established in 2016. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Linh Quang Buddhist Meditation Temple is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Linh Quang Buddhist Meditation Temple generated $116.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $41.7k during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RELIGIOUS MEDITATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nhu Tam Thich President | 40 | $0 | |
Loc Bui Director | 40 | $0 | |
Nguyen Phuoc Thich Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $116,886 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $116,886 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $10,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $100 |
Other expenses | $31,572 |
Total expenses | $41,672 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $60,790 |
Other assets | $0 |
Total assets | $60,790 |
Total liabilities | $50,000 |
Net assets or fund balances | $10,790 |
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