Dharmachakra Inc is located in Portsmouth, NH. The organization was established in 2009. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dharmachakra Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dharmachakra Inc generated $90.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $82.9k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
GENERALOPERATIONALGRANTFROMOURPARENTCHARITYLOCATEDINTHEUNITEDKINGDOM.WEBDEVELOPMENTANDMANAGEMENTSERVICES,AUDIOANDCONTENTCREATION,MEMBERSUPPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Venditori Director | 40 | $44,004 | |
Tim Holden Trustee | 1 | $0 | |
Madeleine Cadwallender Secretary | 1 | $0 | |
David Creighton Chair | 1 | $0 | |
Sean Boland Trustee | 1 | $0 | |
Bettye Pruitt Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $89,191 |
Total Program Service Revenue | $940 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,131 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $47,370 |
Professional fees and other payments to independent contractors | $4,200 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,355 |
Total expenses | $82,925 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,296 |
Other assets | $0 |
Total assets | $12,261 |
Total liabilities | $0 |
Net assets or fund balances | $12,261 |
Over the last fiscal year, we have identified 1 grants that Dharmachakra Inc has recieved totaling $18.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Organization Name | Assets | Revenue |
---|---|---|
Buddhist Digital Resource Center Inc Boston, MA | $3,689,467 | $1,606,114 |
Barre Center For Buddhist Studies Inc Barre, MA | $5,739,679 | $1,727,816 |
Lumbini Buddhist Association Inc Lawrence, MA | $0 | $602,311 |
Pointing Out The Great Way Foundation Newton, MA | $1,469,945 | $273,367 |
Zaltho Foundation Inc Wayland, MA | $336,029 | $169,831 |
Pashupatinath Buddha Foundation Of New England Braintree, MA | $1,962,840 | $100,931 |
American Compassion Life Association Bedford, MA | $20,344 | $0 |
Wisdom Lotus Foundation Inc Lincoln, MA | $110,771 | $0 |
American Wisdom Association Billerica, MA | $1,236,352 | $266,090 |
Drikung Meditation Center Inc Arlington, MA | $1,235,003 | $203,236 |
Dhamma Vihara Foundation Inc Barre, MA | $1,788,984 | $50,406 |
Dharmachakra Inc Portsmouth, NH | $12,261 | $0 |