Fu Yuan Buddhist Center of America

Analysis

Fu Yuan Buddhist Center of America is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2009, 17 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, Fu Yuan Buddhist Center of America reported income of $207k and spending of $61k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $534k to $207k (-61%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 10% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fu Yuan Buddhist Center of America sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Underground House of Prayer ($206k), Declare Worship Community ($207k) and Gurdwara Baba Deep Singh Inc ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.