Sakya Tsechen Association Inc

Analysis

Sakya Tsechen Association Inc is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in June 2022, 4 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 July 2023, Sakya Tsechen Association Inc reported income of $280k and spending of $153k, leaving 45% of income unspent that year. Across the 4 years on record, from July 2017 to July 2023, income grew from $6,668 to $280k (+4101%), an average of +248% a year. The sharpest change came in the year to July 2021, when income rose by 2620%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sakya Tsechen Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Endowment Foundation for Outreach and Witness ($280k), Phoenixone ($280k) and Principles to Live by Inc ($280k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.