Wat Buddha Samakidham Inc

Analysis

Wat Buddha Samakidham Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 2011, 15 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, Wat Buddha Samakidham Inc reported income of $202k and spending of $202k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $277k to $202k (-27%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wat Buddha Samakidham Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Harvest Connection Ltd ($202k), Paul White Ministries ($202k) and Sanctuary of Living Waters Inc ($202k).

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 $331k against liabilities of $234k, net assets of $97k.