Padmasambahava Peace Institute

Analysis

Padmasambahava Peace Institute is a registered charity in United States, based in Cazadero, CA. It received its IRS tax-exemption ruling in October 2003, 23 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, Padmasambahava Peace Institute reported income of $163k and spending of $176k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $163k (-3.0%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Padmasambahava Peace Institute sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Continents for Christ ($163k), Gloryland Express Inc ($163k) and Cities4kids ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 75% of the total. At year end it held assets of $3.6m against liabilities of $246, net assets of $3.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.