Lao Buddhist Foundation of Hawaii

Analysis

Lao Buddhist Foundation of Hawaii is a registered charity in United States, based in Hauula, HI. It received its IRS tax-exemption ruling in January 2002, 24 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, Lao Buddhist Foundation of Hawaii reported income of $137k and spending of $28k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $273k to $137k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lao Buddhist Foundation of Hawaii sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within HI. Charities of a similar size with the same main cause include Rehoboth Karen Christian Church Inc ($137k), Gap Relief Sale ($137k) and International Celebration Association Inc ($137k).

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 $2.5m against liabilities of $1.0m, net assets of $1.5m.