Ragya Mahayana Buddhist Cultural Center

Analysis

Ragya Mahayana Buddhist Cultural Center is a registered charity in United States, based in Marshall, VA. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Ragya Mahayana Buddhist Cultural Center reported income of $93k and spending of $75k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $23k to $93k (+313%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ragya Mahayana Buddhist Cultural Center sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include America Golden Buddha Temple ($93k), Ministerio Evangelistico Jesus Es LA Respuesta Inc ($93k) and Hidden Treasure Ministry ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.