Chinese Buddhist Cultural Association USA Inc

Analysis

Chinese Buddhist Cultural Association USA Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in January 2016, 10 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, Chinese Buddhist Cultural Association USA Inc reported income of $63k and spending of $390k, spending 623% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $73k to $63k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chinese Buddhist Cultural Association USA Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Ministerial Alliance of Bailey County Inc ($63k), Celtic Cove Catholic Bookstore Inc ($63k) and World Mission 360 Texas ($63k).

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 $274k against liabilities of $0, net assets of $274k.