Marpa Foundation For the Study Practice & Support of Budda Dharma
Only null% goes to programs Strong reserves Growing revenue
Marpa Foundation For the Study Practice & Support of Budda Dharma is a 501(c)(3) organization based in Otego, New York, registered in 1994, with $1,338,716 in FY2024 revenue. CharityIndex grades it B.
895 County Highway 5, Otego, NY, 13825 EIN 77-0378622 Since 1994
Revenue (FY2024)
$1.3M
▲ 208.5% vs prior year
Religion median: $139K
Expenses (FY2024)
$425K
Net assets
$5.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Marpa Foundation For the Study Practice & Support of Budda Dharma— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating158 mo reserves · +68% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Marpa Foundation For the Study Practice & Support of Budda Dharma: 158 mo reserves · +68% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Marpa Foundation For the Study Practice & Support of Budda Dharma— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Marpa Foundation For the Study Practice & Support of Budda Dharma: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 895 County Highway 5, Otego, NY, 13825
- City
- Otego
- State
- New York
- Category
- Religion-Related
- Subcategory
- Religious Organizations
- Website
- …
Financial trends
Revenue grew from $753K (FY2013) to $1.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $96KNet assets $5.6M
Operating margin
68.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.7M
Total liabilities
$96K
Net assets
$5.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,338,716▲208% | $425,446▲8.9% | $5,613,715▲24.3% | $5,709,919▲26.3% | 990 |
| 2023 | $433,980▲7.6% | $390,538▲37.8% | $4,514,889▲7.2% | $4,521,269▲7.4% | 990 |
| 2022 | $403,495▼18.6% | $283,429▼0.8% | $4,210,518▼10.3% | $4,210,526▼10.4% | 990 |
| 2021 | $495,491▼61.5% | $285,675▼16.2% | $4,693,606▲7.3% | $4,698,406▲7.5% | 990 |
| 2020 | $1,286,734▲101% | $341,026▼26.0% | $4,372,470▲35.7% | $4,372,478▲35.7% | 990 |
| 2019 | $639,358▼14.7% | $461,081▼35.6% | $3,222,131▲16.1% | $3,222,139▲16.1% | 990 |
| 2018 | $749,223▲38.2% | $715,515▲78.2% | $2,776,257▲18.0% | $2,776,265▲17.9% | 990 |
| 2016 | $542,099▲3.0% | $401,495▼3.0% | $2,353,070▲10.6% | $2,355,337▲10.5% | 990 |
| 2015 | $526,501▲21.1% | $413,820▼0.9% | $2,127,444▲1.9% | $2,130,604▲1.9% | 990 |
| 2014 | $434,698▼42.3% | $417,672▼29.7% | $2,088,372▲4.8% | $2,091,046▲4.8% | 990 |
| 2013 | $752,855 | $593,836 | $1,992,106 | $1,995,217 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $36K total
4 grants to Marpa Foundation For the Study Practice & Support of Budda Dharma totaling $36K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Religion related | 2023 | $16,000 |
| Donor Advised Charitable Giving | Religion related | 2021 | $7,548 |
| Donor Advised Charitable Giving | Religion related | 2020 | $6,440 |
| Donor Advised Charitable Giving | Religion related | 2020 | $6,440 |
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Compare Marpa Foundation For the Study Practice & Support of Budda Dharma
Frequently asked questions
- Is Marpa Foundation For the Study Practice & Support of Budda Dharma a legitimate nonprofit?
- Yes. Marpa Foundation For the Study Practice & Support of Budda Dharma is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 77-0378622, based in Otego, New York. Donations are tax-deductible.
- What is Marpa Foundation For the Study Practice & Support of Budda Dharma's EIN?
- Marpa Foundation For the Study Practice & Support of Budda Dharma's Employer Identification Number (EIN) is 77-0378622.
- How much revenue does Marpa Foundation For the Study Practice & Support of Budda Dharma report?
- Marpa Foundation For the Study Practice & Support of Budda Dharma reported $1,338,716 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Marpa Foundation For the Study Practice & Support of Budda Dharma have?
- CharityIndex grades Marpa Foundation For the Study Practice & Support of Budda Dharma B, based on financial health (reserves and operating margin).
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Data for Marpa Foundation For the Study Practice & Support of Budda Dharma (EIN 77-0378622) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.