Southwest Buddhafield Endowment Fund Inc

Analysis

Southwest Buddhafield Endowment Fund Inc is a registered charity in United States, based in Chino Valley, AZ. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Southwest Buddhafield Endowment Fund Inc reported income of $59k and spending of $23k, leaving 61% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $150k to $59k (-61%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 24% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Southwest Buddhafield Endowment Fund Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within AZ. Charities of a similar size with the same main cause include Harvest Hills Ministries ($59k), Faithful City Christian Center Inc ($59k) and American Friends of Kolel Birkat Abraham Corp ($59k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 20% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.