Ancient Sacred Buddhist Scripture Stupas Foundation

Analysis

Ancient Sacred Buddhist Scripture Stupas Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 2022, 4 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, Ancient Sacred Buddhist Scripture Stupas Foundation reported income of $912k and spending of $106k, leaving 88% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $900k to $912k (+1.3%), an average of +1.3% a year. Over the whole period it spent 7.3% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ancient Sacred Buddhist Scripture Stupas Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Sisters of the Immaculate Heart of Mary at Mirinae ($911k), In My Fathers Kitchen ($913k) and Twelve21 Global Inc ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $1.8m against liabilities of $163k, net assets of $1.7m.