Lama Yeshe Wisdom Archive

Analysis

Lama Yeshe Wisdom Archive is a registered charity in United States, based in Lincoln, MA. It received its IRS tax-exemption ruling in September 1997, 29 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, Lama Yeshe Wisdom Archive reported income of $1.6m and spending of $824k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $1.6m (+344%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lama Yeshe Wisdom Archive sits at the 95th 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 83rd percentile within MA. Charities of a similar size with the same main cause include Hope Academy Inc ($1.6m), Community Interfaith Food Pantry ($1.6m) and New Mexico Dream Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $104k (13% of expenses). Other salaries and wages came to $282k. At year end it held assets of $2.9m against liabilities of $102k, net assets of $2.8m. It reported 7 employees.