The United Vietnamese Buddhist Congregation Of Canberra And Surround

Donation Funded iconThis charity receives a significant portion of its funding (specifically, more than 30% of its total revenue) directly from donations and bequests. This indicates that public contributions are a crucial financial lifeline for their mission.Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!Tax Deductible iconThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
Website:
www.vanhanhcanberra.com
ABN:
20 648 948 015
Main Address:
32 Archibald St, Lyneham, ACT, 2602
Charity Size:
MediumMedium-sized charities, with an annual revenue of $500,000 to under $3 million, strike a balance between local connection and broader reach. They've grown beyond grassroots efforts and established more formal structures, enabling them to tackle larger projects and reach a wider audience.

These charities might run multiple programs across a region, advocate for systemic change, or deliver specialised services to a specific group of people. They offer a diverse range of opportunities for involvement, from skilled volunteering in areas like marketing or finance to participating in community education programs.

Charity Type:
Community services, Human rights, Religious organisations, Social welfare
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Tax DeductibleThis charity or fund is currently recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations of $2 or more made to this entity are tax-deductible for the donor. This status is typically derived from official ABR (Australian Business Register) data and signifies eligibility for DGR status.
With irregularcontribution made by Buddhist friends in Australia, we provide regular & irregular financial support to Vietnam: [1] food to monks at their training colleges, [2] minor financial support to several elder clergies at very poor Monastery & nunneries, at their funeral services [3] vegetarian meals to poor patients & their caring family members at several Districts’ Hospitals, [4] natural disasters [floods, typhoons, etc] when/where it happened, [5] Buddhist temples’ minor repairs & maintenance, providing budget. social/affordable accommodation [charging at 6080% market rent levels] to financially, socially, linguistically, also familybroken, disadvantaged Australians providing fullboard, living costs, and all necessary costs to the operations of the Van Hanh Monastery’s ordained clergy, livingin full/parttime Buddhist trainees, students & volunteers, guests, and Buddhist events’ participants, etc. paying salaries, superfunds and/or necessary supports/insurances to those full/parttime employees and casual workers, all those who help to run our Congregation/Monastery’s various programs, projects, workloads, etc. slowly completing the construction and the operations of the Sakyamuni Buddhist Centre [est. 1984], Lyneham ACT. etc.

International Activities

as described above.

Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueAverage (Medium)
Full Time42
Part Time04
Casual203
Volunteers2071
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.4.0015.96
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.500%2853%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$58,998$102,855

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Has Related Party Transactions: No

Has Documented Policies:Indicates whether the charity has formal, documented rules and procedures for managing and reporting transactions with related parties. N

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2022

Lodgement was submitted on time.

Reporting Requirements for a Medium Charity (Annual revenue of $500,000 to under $3 million)

Medium charities must submit an Annual Information Statement (AIS) and a financial report that is either reviewed or audited. Unlike large charities, they are not required to provide as detailed a breakdown of their non-current assets and liabilities or disclose remuneration for key management personnel.

CategoryCharity ValueAustralian Average (Medium)
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$654,451$64,293
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$6,902,927$2,807,871
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$1,824,839$828,906
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $812,949 $190,256
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $0
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $113,844 $284,284
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $11 $51,764
Other RevenueIncome from any other sources that don't fit into the main categories. $18 $59,126
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $20,670
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$1,170,388$764,613
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $235,991 $363,743
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $260,802 $79,443
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $108,135 $23,983
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $565,460 $302,259
Other Comprehensive IncomeIncome and expenses, such as revaluation surplus, that are not recognised in the net surplus/deficit but are included in total comprehensive income. $0 $0
Total Comprehensive IncomeNet Surplus/Deficit plus Other Comprehensive Income. It represents the total change in a charity's net assets from all transactions and events. $0 $0
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$7,992,086$3,582,980
Total Current AssetsAssets that are expected to be used or converted into cash within one year, such as cash in the bank and short-term investments. $165,374 $1,631,090
Total Non-current AssetsAssets that are not expected to be used or converted into cash within one year, such as land and buildings. $7,826,712 $1,951,890
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$1,089,159$775,109
Total Current LiabilitiesDebts and obligations that are due to be paid within one year, such as accounts payable and short-term loans. $590,866 $591,391
Total Non-current LiabilitiesDebts and obligations that are not due to be paid within one year. $498,293 $183,718