Louisiana Association for the Study of Buddhism

Analysis

Louisiana Association for the Study of Buddhism is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in March 1999, 27 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, Louisiana Association for the Study of Buddhism reported income of $666k and spending of $101k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $666k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Louisiana Association for the Study of Buddhism sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Great Commission Presbyterian Church ($665k), Outreach Mission Inc ($666k) and Wesleyan Fellowship Partners Inc ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $4.0m against liabilities of $4,714, net assets of $3.9m.