Zen Buddhism Association Inc

Analysis

Zen Buddhism Association Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Zen Buddhism Association Inc reported income of $94k and spending of $86k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $94k (+182%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 91%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Zen Buddhism Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Chino Valley Sabbath Bible Church ($94k), Keepin It Real Ministries ($94k) and Lori Joiner Ministries ($94k).

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 $75k against liabilities of $0, net assets of $75k.