Wat Buddhapradeep of Reno

Analysis

Wat Buddhapradeep of Reno is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in December 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, Wat Buddhapradeep of Reno reported income of $203k and spending of $62k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $203k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wat Buddhapradeep of Reno sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 59th percentile within NV. Charities of a similar size with the same main cause include S E R V Ministries ($203k), Sacramento Dharma Center ($203k) and National Latino Evangelical Coalition Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $906k against liabilities of $257k, net assets of $649k.