Tu an Buddhist Association

Analysis

Tu an Buddhist Association is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in July 2015, 11 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, Tu an Buddhist Association reported income of $62k and spending of $41k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $62k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tu an Buddhist Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Shouting Voice Ministry Service Inc ($62k), Mongolian Buddhist Cultural Center ($62k) and Messiahs Bond Servant Ministries ($62k).

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 $31k against liabilities of $0, net assets of $31k.