Mongolian Buddhist Cultural Center

Analysis

Mongolian Buddhist Cultural Center is a registered charity in United States, based in Clifton, VA. It received its IRS tax-exemption ruling in July 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, Mongolian Buddhist Cultural Center reported income of $62k and spending of $39k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $62k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 45% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mongolian Buddhist Cultural Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include Tu an Buddhist Association ($62k), Tinh Xa Giac Ngo Inc ($62k) and Shouting Voice Ministry Service Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $94k against liabilities of $63k, net assets of $31k.