Vien an Buddhist Association

Analysis

Vien an Buddhist Association is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in February 2004, 22 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, Vien an Buddhist Association reported income of $453k and spending of $175k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $511k to $453k (-11%), an average of -3.0% a year. Over the whole period it spent 28% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vien an Buddhist Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include Wings As Eagles Mission Air Service Inc ($452k), Found and Favored Ministries ($453k) and Shepherds Call Ministry ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $26k (15% of expenses). At year end it held assets of $7.5m against liabilities of $3.2m, net assets of $4.3m. It reported 4 employees.