Arizona International Buddhist Meditation Center Incorporation

Analysis

Arizona International Buddhist Meditation Center Incorporation is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 November 2023, Arizona International Buddhist Meditation Center Incorporation reported income of $74k and spending of $96k, spending 131% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income grew from $60k to $74k (+23%), an average of +23% a year. The sharpest change came in the year to November 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arizona International Buddhist Meditation Center Incorporation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within AZ. Charities of a similar size with the same main cause include Saint Vincent de Paul - Santiago de Compostela Conference ($74k), Lord of the Harvest Ministries Inc ($74k) and Mision Pentecostal Cristiana ($74k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of $70k, net assets of $119k.