Vietnamese and American Buddhist Association Corp

Analysis

Vietnamese and American Buddhist Association Corp is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in June 1995, 31 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, Vietnamese and American Buddhist Association Corp reported income of $288k and spending of $204k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $326k to $288k (-12%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 124%. 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, Vietnamese and American Buddhist Association Corp sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Asher Lshlomo Inc ($287k), Recovery House of Worship York Pa ($288k) and Islamic Association of Texas Inc ($287k).

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 $310k against liabilities of $0, net assets of $310k.