Won Buddhism Meditation Temple Ofberkeley

Analysis

Won Buddhism Meditation Temple Ofberkeley is a registered charity in United States, based in Castro Valley, CA. It received its IRS tax-exemption ruling in May 2007, 19 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 2023, Won Buddhism Meditation Temple Ofberkeley reported income of $656k and spending of $98k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $656k (+622%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Won Buddhism Meditation Temple Ofberkeley sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Indiana Interchurch Center Corporation ($655k), Inner Visions Spiritual Life Maintenance Inc ($656k) and Iglesia de Dios Pentecostal Puerta Del Cielo Church ($655k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% of the total. Compensation of current officers, directors and key employees was $6,000 (6.1% of expenses). At year end it held assets of $1.0m against liabilities of $105k, net assets of $911k.