Buddha Dipan Meditation Association Inc

Analysis

Buddha Dipan Meditation Association Inc is a registered charity in United States, based in Old Westbury, NY. It received its IRS tax-exemption ruling in September 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, Buddha Dipan Meditation Association Inc reported income of $80k and spending of $75k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $80k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddha Dipan Meditation Association Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Cao Dai Tay Ninh Temples of Texas ($80k), Sloan Islamic Cultural Center Inc ($80k) and As You Go Ministries Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1000k against liabilities of $365k, net assets of $635k.