Vajra Flame Foundation

Analysis

Vajra Flame Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in September 2004, 22 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, Vajra Flame Foundation reported income of $148k and spending of $104k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $94k to $148k (+58%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vajra Flame Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within CO. Charities of a similar size with the same main cause include Chris Samuel Ministries Inc ($148k), Richard Bush Renewal Center ($148k) and Dover Christian Center Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 47% of the total. At year end it held assets of $366k against liabilities of $129, net assets of $366k.