Chua Quan Am Kansas City Buddhist Association

Analysis

Chua Quan Am Kansas City Buddhist Association is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 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, Chua Quan Am Kansas City Buddhist Association reported income of $96k and spending of $109k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $319k to $96k (-70%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chua Quan Am Kansas City Buddhist Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 33rd percentile within MO. Charities of a similar size with the same main cause include Key Ministry Foundation ($96k), Lifeworth Inc ($96k) and Abide Worldwide ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.