Profound Treasury Dharma Foundation Inc

Analysis

Profound Treasury Dharma Foundation Inc is a registered charity in United States, based in Sleepy Hollow, NY. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Profound Treasury Dharma Foundation Inc reported income of $201k and spending of $208k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $201k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Profound Treasury Dharma Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Nomad Church Collective Inc ($201k), Lubavitch Colombia Inc ($201k) and Christian Mission to Israel Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $16k (7.5% of expenses). At year end it held assets of $129k against liabilities of $569, net assets of $128k.