Metropolitan Buddhist Center Inc

Analysis

Metropolitan Buddhist Center Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Metropolitan Buddhist Center Inc reported income of $126k and spending of $42k, leaving 67% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $80k to $126k (+58%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Metropolitan Buddhist Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Friends of Bobov Toronto Inc ($126k), Suzanne Graves Trust ($126k) and Truth Alive Ministries ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $820k against liabilities of $1,985, net assets of $818k.