S R I Lanka America Buddha Dhamma Society

Analysis

S R I Lanka America Buddha Dhamma Society is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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, S R I Lanka America Buddha Dhamma Society reported income of $104k and spending of $102k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $104k (-93%), an average of -48% a year. The sharpest change came in the year to December 2021, when income dropped by 75%. Over the whole period it spent 15% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, S R I Lanka America Buddha Dhamma Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Harvester Baptist Mission Inc ($104k), Little League Baseball Inc ($105k) and Operation Uplift ($104k).

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 $6.5m against liabilities of $2.0m, net assets of $4.5m.