Xuan Wu San Buddhist Association

Analysis

Xuan Wu San Buddhist Association is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1988, 38 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 February 2024, Xuan Wu San Buddhist Association reported income of $249k and spending of $128k, leaving 49% of income unspent that year. Across the 5 years on record, from February 2020 to February 2024, income grew from $235k to $249k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to February 2022, when income rose by 56%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Xuan Wu San Buddhist Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Cup of Cool Water ($249k), Emmaus Way ($249k) and Abundant Life Revival Ministries ($249k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $6,000. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m. It reported 1 employees.