Awakening Vajra

Analysis

Awakening Vajra is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Awakening Vajra reported income of $102k and spending of $297k, spending 290% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $463k to $102k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Awakening Vajra sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include New Creation Ministries ($102k), Catholic Kolping Society Chicago ($102k) and Christianaires Ministries Inc ($102k).

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 $16k against liabilities of $0, net assets of $16k.