Dharma Rain Meditation Center

Analysis

Dharma Rain Meditation Center is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in November 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, Dharma Rain Meditation Center reported income of $202k and spending of $241k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $202k (+107%), an average of +107% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dharma Rain Meditation Center 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 53rd percentile within MI. Charities of a similar size with the same main cause include Wat Lao Boubpharam of San Diego ($202k), Kingdom Project 7 Billion ($202k) and Albion Education Foundation ($202k).

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 $278k against liabilities of $0, net assets of $278k.