Wonkwang Won Buddhism Welfare Found

Overview

Mission

Expand spiritual power and conquering material power through faith in a religion based in truth

What it reported doing in 2025

Supporting buddhism religion

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The nonprofit carried out 100% of its reported program work directly.

Nonprofit profile at a glance

EIN
814698979
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Headquarters
Gaithersburg, MD, USA
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related
Affiliation
Buddhism

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Accountability: NotEnoughData
  • Sustainability: 73
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51%; rating input score 51
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited
  • Public monitoring controls: Limited
  • Public policy transparency: Limited
  • Public financial transparency: Limited
  • Impact reporting controls: Limited
  • Public relationship transparency: Limited

Accountability

  • Public governance controls: Limited
  • Zakat policy transparency: Limited

Sustainability

  • Operating margin: 49.6%; rating input score 89; 89th percentile among comparable filings
  • Operating reserve ratio: 1.33; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -16.1% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 45.1% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 51% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 annual filings from 2020 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.