Arakan American Buddhist Inc

Analysis

Arakan American Buddhist Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in February 2019, 7 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, Arakan American Buddhist Inc reported income of $81k and spending of $74k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $28k to $81k (+192%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Arakan American Buddhist Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Empowering International Inc ($81k), The Foundation for the Schola Cantorum of the Pacific ($81k) and Samaritan Medical Foundation ($81k).

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 $0 against liabilities of $0, net assets of $0.