San Francisco Falun Buddha Study Association

Analysis

San Francisco Falun Buddha Study Association is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in November 2011, 15 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, San Francisco Falun Buddha Study Association reported income of $15.5m and spending of $15.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.6m to $15.5m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, San Francisco Falun Buddha Study Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Christ for All Nations ($15.5m), Jewish Foundation of Memphis ($15.5m) and International Christian Response -- USA ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. At year end it held assets of $6.2m against liabilities of $5.3m, net assets of $865k.