Shinnyo-En Foundation

Analysis

Shinnyo-En Foundation is a registered charity in United States, based in San Bruno, CA. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shinnyo-En Foundation reported income of $2.5m and spending of $1.3m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $2.5m (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shinnyo-En Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Hearts 4 Him Inc ($2.5m), Hargis Christian Camp ($2.5m) and Bais Havaad Linyonei Mishpat ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $386k. At year end it held assets of $30.2m against liabilities of $156k, net assets of $30.1m. It reported 4 employees.