Menlha Kadampa Buddhist Center

Analysis

Menlha Kadampa Buddhist Center is a registered charity in United States, based in Lambertville, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Menlha Kadampa Buddhist Center reported income of $95k and spending of $95k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $95k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Menlha Kadampa Buddhist Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Gap Kingdom Ministries ($95k), Arukah Project ($95k) and Cross Cultural Connections ($95k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 13% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.