Dharmapala Institute for Buddhist Meditation & Research

Analysis

Dharmapala Institute for Buddhist Meditation & Research is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in September 1992, 34 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, Dharmapala Institute for Buddhist Meditation & Research reported income of $78k and spending of $120k, spending 155% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $78k (+15%), an average of +15% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dharmapala Institute for Buddhist Meditation & Research sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Okanogan Employees Childcare Association ($78k), Norton County Historical Society ($78k) and Ellies Elves Incorporate ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.