philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Jong Cheng Buddha Association FY2023 filing

Tax-deductible

Brooklyn, NY501(c)(3)Since 1995Religion EIN 11-3280926Revenue $87K in FY2023

On file with the IRS1719 68th St, 11204-5006 · Brooklyn, NYTax-exempt since Sep 1995Church

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Offering a mission as a house of worship, providing weekly worship services, meditation and prayer sessions, communions, instructive classes, and assistance to others.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $7K a year · 9% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 11.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$87K
+83% vs prior year
Spent
$56K
To programs
85%
Net assets
$726K
By yearFY2021–FY2026
Revenue
$87K
FY2023▲ +83%
Tap a bar for its year
Revenue by fiscal year
FY2021$36K
FY2022$47K
FY2023$87K
FY2024$66K
FY2025$89K
FY2026$110K
Expenses
$56K
FY2023▲ +34%
Tap a bar for its year
Expenses by fiscal year
FY2021$66K
FY2022$42K
FY2023$56K
FY2024$32K
FY2025$88K
FY2026$112K
Net assets
$726K
FY2023▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2021$689K
FY2022$695K
FY2023$726K
FY2024$759K
FY2025$760K
FY2026$758K

From the FY2023 Form 990 (year ending June 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Sep 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $47K Management & general 15% · $9K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Li Ci Tsang
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Jong Cheng Buddha Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Jong Cheng Buddha Association is a religious organization based in Brooklyn, NY, formed in 1995.

Questions for Jong Cheng Buddha Association

Tap to ask. Jong Cheng Buddha Association sees how many people are interested.

Your first name shows with your question. Jong Cheng Buddha Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $47K · in their own filed words · FY2022
01

Weekly worship service, meditation, prayer sessions, communions, intrustions classes, assist others

$47Kprogram expense

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$87K
Ln 12
Fees for servicesLn 2g$46K
Gifts and grantsLn 1h$39K
Other incomeLn 4–11$1K
Money outPt IX
$56K
Ln 25
Programscol B$47K
Managementcol C$9K
Owns and owesPt X
$726K
net assets · Ln 32
Cash and savingsLn 1–2$52K
Total assetsLn 16$726K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$39K
Fees for servicesLn 2g$46K
Other incomeLn 4–11$1K
Total revenueLn 12$87K
Assets in detailPt X, end of year
CashLn 1$52K
Cash and savings togetherLn 1–2$52K
Land, buildings, equipmentLn 10c$604K
Total assetsLn 16$726K
LiabilitiesLn 26$0
Net assetsLn 32$726K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$205K$52K
Land, buildings, equipmentLn 10c$490K$604K
Total assetsLn 16$695K$726K
LiabilitiesLn 26$0$0
Net assetsLn 32$695K$726K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7K$7K
Other fees for servicesLn 11g$2K$2K
OccupancyLn 16$34K$27K$7K
InsuranceLn 23$4K$3K$842
Other expenses (24a–d)Ln 24$9K$8K$1K
Total functional expensesLn 25$56K$47K$9K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $110K$112K−$2K$758K 990 PDF
FY2025 $89K$88K$919$760K 990 PDF
FY2024 $66K$32K$34K$759K 990 PDF
FY2023 Viewing $87K$56K$31K$726K 990 PDF
FY2022 $47K$42K$6K$695K 990 PDF
FY2021 $36K$66K−$30K$689K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $86,514 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,689$39,422
I-9 Program service revenuePrior year $30,973$45,783
I-10 Investment income$0
I-11 Other revenuePrior year −$476$1,309
I-12 Total revenuePrior year $47,186$86,514
I-13 Grants and similar amounts paid$7,200
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $41,545$48,539
I-18 Total expensesPrior year $41,545$55,739
I-19 Revenue less expensesPrior year $5,641$30,775
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $86,514 across 5 lines filed
VIII-1f All other contributions, gifts and grants$39,422
VIII-1h Total contributions, gifts and grants$39,422
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $45,783$45,783
VIII-6 Net rental income or lossUnrelated business $1,309$1,309
VIII-12 Total revenueRelated to mission $45,783 · Unrelated business $1,309 · Excluded from tax $0$86,514
Part IX · Statement of functional expenses $55,739 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $7,200$7,200
IX-11g Other fees for servicesPrograms $1,755$1,755
IX-16 OccupancyPrograms $27,083 · Management $6,753$33,836
IX-23 InsurancePrograms $3,379 · Management $842$4,221
IX-24 Other expenses (24a–d)Programs $7,717 · Management $1,010$8,727
IX-25 Total functional expensesPrograms $47,134 · Management $8,605 · Fundraising $0$55,739
Part X · Balance sheet $725,708 assets, 6 lines filed
Asset lines not itemized here account for $70,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $205,201$51,802
X-10c Land, buildings and equipment, netStart of year $489,732$603,906
X-16 Total assetsStart of year $694,933$725,708
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $694,933$725,708
X-33 Total liabilities and net assetsStart of year $694,933$725,708
Part XI · Reconciliation of net assets $725,708 net assets at year end
XI-1 Total revenue$86,514
XI-2 Total expenses$55,739
XI-3 Revenue less expenses$30,775
XI-4 Net assets at start of year$694,933
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$725,708

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.