Daoist Benevolent Association Inc

Analysis

Daoist Benevolent Association Inc is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Daoist Benevolent Association Inc reported income of $86k and spending of $83k, spending 97% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $68k to $86k (+26%), an average of +26% a year. The sharpest change came in the year to September 2023, when income rose by 26%. 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, Daoist Benevolent Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include To the East Consultants ($86k), Project Learning Institute Future Educators Inc ($86k) and Taigi Vision ($86k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.