Khmer Buddhist Society

Analysis

Khmer Buddhist Society is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 1983, 43 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, Khmer Buddhist Society reported income of $197k and spending of $202k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $545k to $197k (-64%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 238%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Khmer Buddhist Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Equipping Servants International Inc ($197k), Travis Labhart Ministries Inc ($197k) and Outfitters for Christ ($197k).

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 $1.1m against liabilities of $0, net assets of $1.1m.