International Sangha Bhiksu Buddist Association

Analysis

International Sangha Bhiksu Buddist Association is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 1982, 44 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 October 2022, International Sangha Bhiksu Buddist Association reported income of $1.5m and spending of $126k, leaving 91% of income unspent that year. Across the 2 years on record, from October 2021 to October 2022, income grew from $181k to $1.5m (+710%), an average of +710% a year. The sharpest change came in the year to October 2022, when income rose by 710%. Over the whole period it spent 12% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Sangha Bhiksu Buddist Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Olivet-St Vincents Housing Development Fund Company Inc ($1.5m), Graduate Fellowships for Science Technology Engineering and ($1.5m) and Ouachita Ministries Inc ($1.5m).

On its Form 990 for the period ending October 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $30k, net assets of $1.5m.