Phat Bao Temple is located in Philadelphia, PA. The organization was established in 2011. 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. Phat Bao 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, Phat Bao Temple generated $176.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $75.7k during the year ending 12/2021. While expenses have increased by 27.8% per year over the past 6 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
HELPED COMMUNITY TO OVERCOME THE STRUGGLE OF SUFFERING SUCH AS SICKNESS, DEATH, DEPRESSION, ANXIETY, ADDICTION AND GAVE POSITIVE THOUGHTS AND FEELINGS THROUGH MEDICATION, TEACHING, CHANTING.
HELPED COMMUNITY TO OVERCOME THE STRUGGLE OF SUFFERING SUCH AS SICKNESS, DEATH, DEPRESSION, ANXIETY, ADDICTION AND GAVE POSITIVE THOUGHTS AND FEELINGS THROUGH MEDICATION, TEACHING, CHANTING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thanh Pham Head Monk | 40 | $15,500 | |
Sieu Truong Vice President | 40 | $0 | |
Vui Tran President | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $176,000 |
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 | $176,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $15,500 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $17,500 |
Printing, publications, postage, and shipping | $16,200 |
Other expenses | $26,500 |
Total expenses | $75,700 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $224,321 |
Other assets | $0 |
Total assets | $224,321 |
Total liabilities | $0 |
Net assets or fund balances | $224,321 |
Over the last fiscal year, we have identified 1 grants that Phat Bao Temple has recieved totaling $14.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Organization Name | Assets | Revenue |
---|---|---|
Falun Dafa Association Of Washington Dc Inc Silver Spring, MD | $2,193,898 | $2,904,846 |
Center Of Theological Inquiry Princeton, NJ | $23,024,334 | $1,080,518 |
Kak Hwang Zen Center Flushing, NY | $220,889 | $735,431 |
New York Insight Inc New York, NY | $427,976 | $611,449 |
Dharmakaya Center For Wellbeing Inc Pine Bush, NY | $182,124 | $584,750 |
Won Edification Center Ofpennsylvania Inc Glenside, PA | $5,565,953 | $442,842 |
Dharma Drum Retreat Center Inc Pine Bush, NY | $3,451,513 | $510,345 |
Mongkoltepmunee Buddist Temple Bensalem, PA | $6,198,387 | $527,741 |
Friends Of Dongyu Gatsal Ling Inc Woodbury, NY | $2,289,752 | $560,170 |
Won Buddhism Of The Usa Inc Rockville, MD | $2,656,575 | $337,112 |
Dami Buddhism Association New Hyde Park, NY | $17,601,801 | $5,331,194 |
Unified Buddhist Church Endowment Ellicott City, MD | $1,746,578 | $82,522 |