Parami Buddha Vihara

Analysis

Parami Buddha Vihara is a registered charity in United States, based in LA Puente, CA. It received its IRS tax-exemption ruling in August 2009, 17 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, Parami Buddha Vihara reported income of $51k and spending of $13k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income fell from $82k to $51k (-37%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 75%. 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, Parami Buddha Vihara sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Majestic View Ministry ($51k), Center for Peace West Inc ($51k) and Reach the Unreach Mission Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.1m against liabilities of $82k, net assets of $990k.