Nechung Buddhist Center

Analysis

Nechung Buddhist Center is a registered charity in United States, based in Fairfax, CA. It received its IRS tax-exemption ruling in January 2003, 23 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, Nechung Buddhist Center reported income of $93k and spending of $80k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $53k to $93k (+76%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nechung Buddhist Center sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Tres Dias of St Louis Inc ($93k), Paula Dunn Ministries Inc ($93k) and Zion Mission Church of Christ Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $488k against liabilities of $84, net assets of $488k.