Louisiana Buddhist Congregation Inc

Analysis

Louisiana Buddhist Congregation Inc is a registered charity in United States, based in Terrytown, LA. It received its IRS tax-exemption ruling in September 2003, 23 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 Buddhist Congregation Inc reported income of $100k and spending of $88k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $181k to $100k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 50%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Louisiana Buddhist Congregation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within LA. Charities of a similar size with the same main cause include Christian Life Ministries International Inc ($100k), The Embassy Center Inc ($100k) and Sufficient Bread Ministry ($100k).

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 $1.2m against liabilities of $0, net assets of $1.2m.