North American Sakya World Peace Monlam Foundation Inc

Analysis

North American Sakya World Peace Monlam Foundation Inc is a registered charity in United States, based in Erie, CO. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North American Sakya World Peace Monlam Foundation Inc reported income of $215k and spending of $167k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $248k to $215k (-14%), an average of -4.7% a year. The sharpest change came in the year to December 2022, when income rose by 4884%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North American Sakya World Peace Monlam Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Fore Hadley Foundation Inc ($215k), United Way of Washington County Inc ($215k) and Alc Childrens Foundation ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.