Marpa Foundation for the Study Practice & Support of Budda Dharma

Analysis

Marpa Foundation for the Study Practice & Support of Budda Dharma is a registered charity in United States, based in Otego, NY. It received its IRS tax-exemption ruling in September 1994, 32 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, Marpa Foundation for the Study Practice & Support of Budda Dharma reported income of $434k and spending of $391k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $639k to $434k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marpa Foundation for the Study Practice & Support of Budda Dharma sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Glide Community Church ($434k), Makedo ($434k) and Urban Light Christian Development Corporation ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $20k (5.1% of expenses). At year end it held assets of $4.5m against liabilities of $6,380, net assets of $4.5m.