Chokgyur Lingpa Foundation

Analysis

Chokgyur Lingpa Foundation is a registered charity in United States, based in Cooperstown, NY. It received its IRS tax-exemption ruling in June 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 (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, Chokgyur Lingpa Foundation reported income of $561k and spending of $378k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $274k to $561k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chokgyur Lingpa Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Living Emotionally Free Foundation Leff Inc ($561k), City of Hope Outreach ($561k) and Global Intercultural Services ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.