Buddha Sasana Temple

Analysis

Buddha Sasana Temple is a registered charity in United States, based in Manchester, CT. It received its IRS tax-exemption ruling in March 2014, 12 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, Buddha Sasana Temple reported income of $58k and spending of $23k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $58k (-11%), an average of -11% a year. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddha Sasana Temple sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include St Clare Ecumenical Catholic Community ($58k), Truth and Life Ministries Inc ($58k) and Jesus Final Command Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.