Cambodian Buddhist Society Inc is located in Charlotte, NC. The organization was established in 1986. 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. Cambodian Buddhist Society 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 12/2023, Cambodian Buddhist Society Inc generated $72.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $63.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3
BUDDHIST SERVICE
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $72,647 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,647 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $20,000 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $21,850 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $21,994 |
Total expenses | $63,844 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,803 |
Other assets | $0 |
Total assets | $8,803 |
Total liabilities | $0 |
Net assets or fund balances | $8,803 |