Shanthi Nikethanaya Buddhist Center

Analysis

Shanthi Nikethanaya Buddhist Center is a registered charity in United States, based in West Hills, CA. It received its IRS tax-exemption ruling in February 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 2023, Shanthi Nikethanaya Buddhist Center reported income of $89k and spending of $88k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $89k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shanthi Nikethanaya Buddhist Center sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Tony B Scott Ministries Inc ($89k), Juniper Table ($89k) and Purposeful Connections ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $146k against liabilities of $24k, net assets of $121k.