Samye Memorial Intl Buddhism Foundation

Analysis

Samye Memorial Intl Buddhism Foundation is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Samye Memorial Intl Buddhism Foundation reported income of $756k and spending of $697k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $756k (+116%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Samye Memorial Intl Buddhism Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Berkeley Hills Parents Association ($756k), Sporting So-Cal Soccer Academy ($756k) and The Manhasset School Community Association Inc ($756k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.