Vajrapani Kadampa Buddhist Center

Analysis

Vajrapani Kadampa Buddhist Center is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in July 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 2020, Vajrapani Kadampa Buddhist Center reported income of $71k and spending of $62k, spending 88% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $57k to $71k (+25%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 25%. 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, Vajrapani Kadampa Buddhist Center sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Warm Heart Ministries ($71k), On the Way Home Ministries ($71k) and Iglesia Pentecostes Seguidores de Jesucristo Inc ($71k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $251k against liabilities of $39k, net assets of $212k.