The Ghoom Monastery was founded in 1850 by the Mongolian astrologer and monk, Sokpo Sherab Gyatso. It belongs to the Gelugpa school of Tibetan Buddhism, also known as the Yellow Hat sect. Over the years, the monastery has served as an important center for Buddhist learning and practice. It has undergone several renovations and expansions, but its core values and traditions have remained intact. The monastery continues to play a vital role in the religious and cultural life of the local community.