Lumbini Buddhist Association Inc

Analysis

Lumbini Buddhist Association Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in October 1988, 38 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lumbini Buddhist Association Inc reported income of $1.5m and spending of $902k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $528k to $1.5m (+191%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lumbini Buddhist Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Mission Emanuel ($1.5m), Mobilize the Church ($1.5m) and Tiferes Eliyahu Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.