Wat Lao Buddharangsy is located in Ceres, CA. The organization was established in 1986. 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. Wat Lao Buddharangsy 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 12/2023, Wat Lao Buddharangsy generated $146.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $146.6k during the year ending 12/2023. While expenses have increased by 4.5% 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
2023
Describe the Organization's Program Activity:
Part 3
WORSHIP SERVICES
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Somsack Souvannasene Director | 30 | $0 | |
| Bounma Khamvongsod Assistant Dorector | 30 | $0 | |
| Francisco Phitsamay Secretary | 30 | $0 | |
| Vankham Inthilath Finance Officer | 30 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,636 | 
| 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 | $146,636 | 
| 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 | $0 | 
| Occupancy, rent, utilities, and maintenance | $146,636 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $0 | 
| Total expenses | $146,636 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $201,936 | 
| Other assets | $0 | 
| Total assets | $201,936 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $201,936 |