New York Buddhist Vihara Foundation

Analysis

New York Buddhist Vihara Foundation is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in August 1990, 36 years ago. 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 June 2024, New York Buddhist Vihara Foundation reported income of $155k and spending of $158k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $127k to $155k (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New York Buddhist Vihara Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include National Heritage Society ($155k), Pine Tree Hospice ($155k) and Copley Hospital Auxiliary Inc ($155k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.8m against liabilities of $252k, net assets of $1.5m.