Nagavara Raja Buddha Lineage

Analysis

Nagavara Raja Buddha Lineage is a registered charity in United States, based in Aptos, CA. It received its IRS tax-exemption ruling in August 2014, 12 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, Nagavara Raja Buddha Lineage reported income of $93k and spending of $39k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $543k to $93k (-83%), an average of -59% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 15% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nagavara Raja Buddha Lineage sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Oil of Joy Ministries International Inc ($93k), Cultivate Inc ($93k) and New Life World Vision ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $577k against liabilities of $0, net assets of $577k.