Kurukulla Center for Tibetan Buddhist Studies Inc

Analysis

Kurukulla Center for Tibetan Buddhist Studies Inc is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Kurukulla Center for Tibetan Buddhist Studies Inc reported income of $106k and spending of $131k, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $179k to $106k (-41%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kurukulla Center for Tibetan Buddhist Studies Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Achieve Fort Bend County ($106k), A Heart for Kids Inc ($106k) and The Michael Bolton Charities Inc ($106k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $20k. At year end it held assets of $646k against liabilities of $2,393, net assets of $643k. It reported 2 employees.