Sangharattanaram Buddhist Temple of Oklahoma

Analysis

Sangharattanaram Buddhist Temple of Oklahoma is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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, Sangharattanaram Buddhist Temple of Oklahoma reported income of $80k and spending of $86k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $111k to $80k (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sangharattanaram Buddhist Temple of Oklahoma sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within OK. Charities of a similar size with the same main cause include Colorado Horticulture Research & Education Foundation ($80k), Pirg New Voters Project Inc ($80k) and Rotary Club of Marysville FNDTN ($80k).

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 $1.0m against liabilities of $0, net assets of $1.0m.