Wat Oakland Buddhadhammadharao

Analysis

Wat Oakland Buddhadhammadharao is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Wat Oakland Buddhadhammadharao reported income of $120k and spending of $121k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $120k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wat Oakland Buddhadhammadharao sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Mid South Commercial Law Institute ($120k), Sanderson Athletic Club ($120k) and East Hill Neighborhood Association ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $497k against liabilities of $0, net assets of $497k.