Gaden Jangtse Thoesam Buddhist Center Inc

Analysis

Gaden Jangtse Thoesam Buddhist Center Inc is a registered charity in United States, based in Kew Gardens, NY. It received its IRS tax-exemption ruling in October 2019, 7 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 2022, Gaden Jangtse Thoesam Buddhist Center Inc reported income of $68k and spending of $4,265, leaving 94% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $393k to $68k (-83%), an average of -83% a year. The sharpest change came in the year to December 2022, when income dropped by 83%. Over the whole period it spent 3.1% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gaden Jangtse Thoesam Buddhist Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Overseas Catholics of Bui Chu Diocese ($68k), Rahob Development Project ($68k) and Gulistan E Zahara Inc ($68k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $714k against liabilities of $0, net assets of $714k.