Chaiya Meditation Monastery

Analysis

Chaiya Meditation Monastery is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1996, 30 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 2023, Chaiya Meditation Monastery reported income of $535k and spending of $295k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $817k to $535k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chaiya Meditation Monastery sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NV. Charities of a similar size with the same main cause include Homemission ($534k), Highlands Church of the Cumberlands ($535k) and Truc Lam Bao Chi Zen Buddhist Temple Corp ($534k).

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 $7.0m against liabilities of $0, net assets of $7.0m.