American Buddhist Association Pu Tuo Temple Inc

Analysis

American Buddhist Association Pu Tuo Temple Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in October 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, American Buddhist Association Pu Tuo Temple Inc reported income of $59k and spending of $46k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $59k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 608%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Buddhist Association Pu Tuo Temple Inc 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 25th percentile within NY. Charities of a similar size with the same main cause include Abide in Christ ($59k), Iglesia Rios de Agua Viva - Dallas Inc ($59k) and Connecting and Bonding Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (28% of expenses). At year end it held assets of $170k against liabilities of $23k, net assets of $147k. It reported 1 employees.