Vo Uu Buddhist Meditation Association Inc

Analysis

Vo Uu Buddhist Meditation Association Inc is a registered charity in United States, based in San Martin, CA. It received its IRS tax-exemption ruling in March 2004, 22 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, Vo Uu Buddhist Meditation Association Inc reported income of $299k and spending of $233k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $453k to $299k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vo Uu Buddhist Meditation Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include United Faith Pentecostal Church ($299k), The Watchman International Inc ($299k) and Lambs Tale Ministries Inc ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.0m against liabilities of $1.4m, net assets of $2.7m.