Drukpa North America Inc

Analysis

Drukpa North America Inc is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in August 2021, 5 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 2021, Drukpa North America Inc reported income of $264k and spending of $44k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $613k to $264k (-57%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 14% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Drukpa North America Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Heritage Christian School Inc ($264k), Best Missions Inc ($264k) and First Brazilian Assembly of God Church ($264k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $408k, net assets of $1.0m.