Pu Ti Buddhist Association of America Inc

Analysis

Pu Ti Buddhist Association of America Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pu Ti Buddhist Association of America Inc reported income of $322k and spending of $142k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $322k (+120%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 1038%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pu Ti Buddhist Association of America Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Mens Barn Meeting Inc ($322k), Meher Archive Collective ($322k) and Mission Delafe Inc ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $2.1m against liabilities of $1.7m, net assets of $435k.