Burma-America Buddhist Association

Analysis

Burma-America Buddhist Association is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in June 1982, 44 years ago. 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 March 2024, Burma-America Buddhist Association reported income of $189k and spending of $87k, leaving 54% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $162k to $189k (+16%), an average of +3.9% a year. The sharpest change came in the year to March 2023, when income rose by 67%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burma-America Buddhist Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Farragut High School Football Boosters Club Inc ($189k), Volunteers of America Inc ($189k) and Federation of Associations for the Advancement of Estonian Youth ($189k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.1m against liabilities of $42k, net assets of $2.0m.