American Buddhist Study Center Inc

Analysis

American Buddhist Study Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 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 (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, American Buddhist Study Center Inc reported income of $82k and spending of $59k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $82k (+23%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Buddhist Study Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Gods Word for Warriors ($82k), Omkwm ($82k) and Home Spun Ministries ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 4.3% of the total. At year end it held assets of $50k against liabilities of $931, net assets of $49k.