Bultasa Buddhist Temple of Chicago

Analysis

Bultasa Buddhist Temple of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1994, 32 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, Bultasa Buddhist Temple of Chicago reported income of $301k and spending of $228k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $319k to $301k (-5.7%), an average of -1.4% a year. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bultasa Buddhist Temple of Chicago sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Paralyzed Veterans of America Southeastern Chapter Inc ($301k), Little Falls Youth Hockey Inc ($301k) and Sisters of Perpetual Indulgence Inc ($301k).

Other salaries and wages came to $28k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.