Falun Dafa Association of Washington DC Inc

Analysis

Falun Dafa Association of Washington DC Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in June 2002, 24 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, Falun Dafa Association of Washington DC Inc reported income of $3.1m and spending of $3.3m, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.0m to $3.1m (+57%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Falun Dafa Association of Washington DC Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Eastern Star Jewel Human Services Corporation ($3.1m), Aak International Relief Inc ($3.1m) and Friends of JCC Krakow Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $479k.