Buddhist Association of New York Pu Jue Temple Inc

Analysis

Buddhist Association of New York Pu Jue Temple Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2013, 13 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 2022, Buddhist Association of New York Pu Jue Temple Inc reported income of $689k and spending of $86k, leaving 88% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $180k to $689k (+284%), an average of +96% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddhist Association of New York Pu Jue Temple Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Chesapeake Camp and Conference Center Inc ($689k), Live Love Foundation of Salvation Corp ($690k) and Love in Action International Ministries ($689k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $529k, net assets of $1.7m.