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World Buddhism Association

RegisteredEIN 74-1878061South Houston, TXReligion
Income$187k2023-12
Spending$130ksame year
Spent / received72%5-year average
Size in its cause63rd pctReligion
Exempt since1976Publicly supported organisat
Employees0latest return

Analysis

World Buddhism Association is a registered charity in United States, based in South Houston, TX. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Buddhism Association reported income of $187k and spending of $130k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $172k to $187k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, World Buddhism Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Good Samaritan Service ($187k), Art of Family Living ($187k) and Eritrean Orthdox Church of St Mary in Chicago ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.

Income and spending

$0$59k$118k$178k$237k2019 Income: $171,6002019 Spending: $176,85720192020 Income: $178,6212020 Spending: $122,24520202021 Income: $187,4042021 Spending: $140,21320212022 Income: $236,7252022 Spending: $121,09120222023 Income: $187,2822023 Spending: $130,0142023
IncomeSpending

Where the income comes from

  • Contributions & grants 72%
  • Program services 28%

Similar-sized charities, same cause

CharityLocationIncome
Good Samaritan ServiceBellaire$187k
Art of Family LivingRaleigh$187k
Eritrean Orthdox Church of St Mary in ChicagoChicago$187k
Volunteers for Christ IncFort Worth$187k