New Jersey Buddhist Vihara

Analysis

New Jersey Buddhist Vihara is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 2002, 24 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, New Jersey Buddhist Vihara reported income of $195k and spending of $106k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $195k (-89%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 78%. Over the whole period it spent 6.7% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Jersey Buddhist Vihara sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Nik Ripken Ministries ($195k), Via Veritas Inc a California Religious Corporation ($195k) and Sylvia Blessings Ministries ($195k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. At year end it held assets of $5.3m against liabilities of $900k, net assets of $4.4m.