Modesto Cambodian Buddhist Society Inc

Analysis

Modesto Cambodian Buddhist Society Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in August 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, Modesto Cambodian Buddhist Society Inc reported income of $603k and spending of $638k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $603k (+327%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 246%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Modesto Cambodian Buddhist Society Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include United Way of Aroostook ($603k), Cortland College Alumni Ass Inc ($603k) and Alexandria Area Arts Association Inc ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.