Kagyu Monlam International

Analysis

Kagyu Monlam International is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kagyu Monlam International reported income of $92k and spending of $125k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $92k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kagyu Monlam International sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Atlantic County Darus Salam Academy ($92k), Pauline E Angerer Irrv TR ($92k) and Pronto Socorro de Jesus Temple de Oracao Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.