US Buddhism Inc

Analysis

US Buddhism Inc is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in March 2009, 17 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, US Buddhism Inc reported income of $168k and spending of $130k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $4,714 to $168k (+3462%), an average of +3462% a year. The sharpest change came in the year to December 2023, when income rose by 3462%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, US Buddhism Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Jesus Reconciliation Ministries ($168k), Transform ($168k) and 7 Figure Foundation ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $57k.