Association Buddhist Center USA Inc

Analysis

Association Buddhist Center USA Inc is a registered charity in United States, based in LA Habra HGTS, CA. It received its IRS tax-exemption ruling in May 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, Association Buddhist Center USA Inc reported income of $177k and spending of $436k, spending 246% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $177k (+11%), an average of +12% a year. Over the whole period it spent 232% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Association Buddhist Center USA Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Kingdom Flame Ministries Incorporation ($177k), Ethel J Nims Charitable Trust a ($177k) and Fundacion Fernando Martinez Caula Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $8.1m against liabilities of $4.1m, net assets of $4.0m.