Lankarama Buddhist Institute

Analysis

Lankarama Buddhist Institute is a registered charity in United States, based in LA Puente, CA. It received its IRS tax-exemption ruling in September 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, Lankarama Buddhist Institute reported income of $232k and spending of $114k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $219k to $232k (+5.6%), an average of +5.6% a year. Over the whole period it spent 45% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lankarama Buddhist Institute sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include International Womens Brass Conference Inc ($232k), Moyer Ministries Inc ($232k) and Iglesia Cristiana Bethel Casa de Dios Y Puerta Del Cielo Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $447k against liabilities of $391k, net assets of $56k.