New England Buddhist Vihara &meditation Center

Analysis

New England Buddhist Vihara &meditation Center is a registered charity in United States, based in Grafton, MA. It received its IRS tax-exemption ruling in February 2010, 16 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 2022, New England Buddhist Vihara &meditation Center reported income of $104k and spending of $51k, leaving 51% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income fell from $116k to $104k (-10%), an average of -5.3% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New England Buddhist Vihara &meditation Center sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Connect 3 Ministries ($104k), Shantidhaam ($104k) and Eagles Nest Ministries of Conroe ($104k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $742k against liabilities of $56k, net assets of $686k.