Hue Lam Buddhist Center Inc
- Assets
- $100.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manor, TX
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 84-1656638
Organization Overview
Hue Lam Buddhist Center Inc is located in Manor, TX. The organization was established in 2004. 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. Hue Lam Buddhist Center Inc 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, Hue Lam Buddhist Center Inc generated $51.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.2%) each year. All expenses for the organization totaled $55.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE PURPOSE OF THE BUDDHIST CHURCH IS TO MAINTAIN A TEMPLE AND SPIRITUAL CENTER FOR THE PRAYING AND TEACHING OF THE BUDDHA DHARMA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trung Hau Nu Thich President | 0 | $0 | |
Paul Kim Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,067 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,077 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $251 |
| Other expenses | $52,477 |
| Total expenses | $55,028 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,429 |
| Other assets | $0 |
| Total assets | $100,429 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,429 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Usa Falun Dafa Association Houston, TX | $3,622,112 | $4,922,503 |
Namchak Foundation Houston, TX | $11,458,517 | $3,340,423 |
Phap Bao Buddhist Temple Mission, TX | $296,799 | $340,704 |
Vien Thong Pagoda Houston, TX | $7,824,383 | $1,069,111 |
Vietnamese Sangha Congregation In America Phuoc Minh Monastery Duson, LA | $909,992 | $513,098 |
Universal Door Meditation Center Sugar Land, TX | $8,646,375 | $1,638,678 |
Watpa Buddhayan Mediation Center Inc Sugar Land, TX | $0 | $800,742 |
Vietnamese Buddhist Center Inc Sugar Land, TX | $7,043,362 | $1,772,604 |
Kalachakra Buddha Association Farmersville, TX | $4,404,690 | $783,296 |
Phuoc Duc Buddhist Cultural Center Inc Houston, TX | $30,610 | $403,197 |
Meditation Center Of Texas Arlington, TX | $1,088,937 | $336,240 |
Drepung Loseling Institute Of Texas Houston, TX | $1,880,567 | $534,796 |