Rissho Kosei Kai Buddhist Church of Hawaii

Analysis

Rissho Kosei Kai Buddhist Church of Hawaii is a registered charity in United States, based in Pearl City, HI. It received its IRS tax-exemption ruling in December 1970, 56 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, Rissho Kosei Kai Buddhist Church of Hawaii reported income of $293k and spending of $237k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $293k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rissho Kosei Kai Buddhist Church of Hawaii sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within HI. Charities of a similar size with the same main cause include Ministerio LA Palabra Uncion Y Fuego ($293k), Uzbek Islamic Center in Philadelphia Association ($293k) and Freedom Challenge Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 7.3% of the total. Other salaries and wages came to $68k. At year end it held assets of $2.5m against liabilities of $82k, net assets of $2.4m.