Cambodian Buddhist Association Inc

Analysis

Cambodian Buddhist Association Inc is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, Cambodian Buddhist Association Inc reported income of $97k and spending of $37k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $118k to $97k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cambodian Buddhist Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Veterans Memorial and First Responders Memorial of Fairfield G ($97k), Little League Baseball Inc ($97k) and Washington State Federation of Garden Clubs Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,045 (19% of expenses). At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.