Buddhanusorn Inc

Analysis

Buddhanusorn Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in April 1984, 42 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, Buddhanusorn Inc reported income of $819k and spending of $498k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $636k to $819k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Buddhanusorn Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Beit Chabad Almagro Inc ($819k), Cedar Ridge Inc ($819k) and You Turn Ministries Inc ($818k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.