Maha Vairocana Buddhist Temple

Analysis

Maha Vairocana Buddhist Temple is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2008, 18 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, Maha Vairocana Buddhist Temple reported income of $130k and spending of $67k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $130k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maha Vairocana Buddhist Temple sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Quan the Am Thien Tu ($130k), Golden Ministries Inc ($130k) and Sanctioned Love ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $355k against liabilities of $184k, net assets of $171k.