Hong an Buddhist Association Inc

Analysis

Hong an Buddhist Association Inc is a registered charity in United States, based in Lilburn, GA. It received its IRS tax-exemption ruling in February 2016, 10 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, Hong an Buddhist Association Inc reported income of $188k and spending of $69k, leaving 63% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $245k to $188k (-23%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 35% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hong an Buddhist Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Magen David of Manhatten ($188k), Living Epistles Ministries ($188k) and Community Missionary Outreach ($188k).

At year end it held assets of $230k against liabilities of $0, net assets of $230k.