Los Angeles Buddhist Coordinating Council

Analysis

Los Angeles Buddhist Coordinating Council is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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, Los Angeles Buddhist Coordinating Council reported income of $87k and spending of $102k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $87k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Angeles Buddhist Coordinating Council sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($87k), North American Membrane Society Inc ($87k) and Statesboro Service League Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.