Buddha Panna Society

Analysis

Buddha Panna Society is a registered charity in United States, based in Pomona, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Buddha Panna Society reported income of $88k and spending of $67k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $363k to $88k (-76%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddha Panna Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Machon Pri Eitz Chaim Inc ($88k), Abound Missionary Services Inc ($88k) and Still Waters Outreach Inc ($88k).

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 $1.1m against liabilities of $0, net assets of $1.1m.