Vietnamese Buddhist Association of Rochester

Analysis

Vietnamese Buddhist Association of Rochester is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in February 1998, 28 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 2022, Vietnamese Buddhist Association of Rochester reported income of $67k and spending of $28k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $61k to $67k (+9.1%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vietnamese Buddhist Association of Rochester sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Arms Around the World ($67k), Initiate Hope Inc ($67k) and Cornerstone International Inc ($67k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $598k against liabilities of $0, net assets of $598k.