Wat Dhammararam Buddhist Association Inc

Analysis

Wat Dhammararam Buddhist Association Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in November 1995, 31 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 Dhammararam Buddhist Association Inc reported income of $1.2m and spending of $477k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wat Dhammararam Buddhist Association Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Church Health Services Inc ($1.2m), Bernie Moore Ministries Int Inc ($1.2m) and The Empowerment Center ($1.2m).

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 $1.7m against liabilities of $0, net assets of $1.7m.