Dhammakaya International Meditation Center

Analysis

Dhammakaya International Meditation Center is a registered charity in United States, based in Azusa, CA. It received its IRS tax-exemption ruling in March 2016, 10 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 2020, Dhammakaya International Meditation Center reported income of $1.8m and spending of $1.3m, leaving 27% of income unspent that year. Across the 3 years on record, from December 2018 to December 2020, income fell from $1.9m to $1.8m (-7.9%), an average of -4.0% a year. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dhammakaya International Meditation Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Margarets Village ($1.8m), Kansas Methodist Foundation Inc ($1.8m) and Institute of Lutheran Theology ($1.8m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $529k. At year end it held assets of $17.0m against liabilities of $196k, net assets of $16.8m.