Mindful Way Buddhist Mediation Society

Analysis

Mindful Way Buddhist Mediation Society is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in May 2017, 9 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, Mindful Way Buddhist Mediation Society reported income of $116k and spending of $156k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $40k to $116k (+189%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mindful Way Buddhist Mediation Society sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include 1000 Hills Resources Inc ($116k), Center for Spiritual Formation Inc ($116k) and Well of Arkansas ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $243, net assets of $53k.