Theravada Buddhist Association of America

Analysis

Theravada Buddhist Association of America is a registered charity in United States, based in Randallstown, MD. It received its IRS tax-exemption ruling in February 2010, 16 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, Theravada Buddhist Association of America reported income of $62k and spending of $37k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $62k (-35%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Theravada Buddhist Association of America 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 Jain Center of Connecticut Inc ($62k), Safe Refuge International Inc ($62k) and Tinh Xa Giac Ngo Inc ($62k).

At year end it held assets of $523k against liabilities of $0, net assets of $523k.