DHARMACHAKRA
The charity archives, and makes available for free download, text, audio and video files of Buddhist teachings. It also makes available free online resources for all on Buddhist approaches to mindfulness, meditation and life.
Financial health, per its FY2024 accounts
The accounts state that Dharmachakra reported a net operating revenue surplus of £11,096 for the year ended December 31, 2024, with total income increasing by 15% to £219,870. The trustees note that reserves stood at £49,895, representing 2.9 months of expenditure, and acknowledge ongoing challenges regarding diminishing community grants and sterling weakness. The charity has no outstanding loans and does not operate an investment account.
What the accounts disclose
“Income includes £93,882 in the form of grants over 12 months.” — page 5
“At the end of 2024, reserves stood at £49,895. This represents 2.9 months of expenditure, an increase of £6,748 on the previous year.” — page 6
Trustees
- Aurea Zepeda Munoz
- Bettye Pruitt
- Hatthaka Sanghadhara
- James Julius Neidhart
- MADELEINE CADWALLENDER
- Sean Boland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £220k | £209k |
| 31/12/2023 | £190k | £212k |
| 31/12/2022 | £186k | £197k |
| 31/12/2021 | £203k | £181k |
| 31/12/2020 | £167k | £138k |
Common questions
Is DHARMACHAKRA financially healthy?
Per its FY2024 accounts: The accounts state that Dharmachakra reported a net operating revenue surplus of £11,096 for the year ended December 31, 2024, with total income increasing by 15% to £219,870. The trustees note that reserves stood at £49,895, representing 2.9 months of expenditure, and acknowledge ongoing challenges regarding diminishing community grants and sterling weakness. The charity has no outstanding loans and does not operate an investment account.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WINDHORSE TRUST | 1 | £34k |
| THE LONDON BUDDHIST CENTRE | 1 | £11k |
| EDWARD HARVIST (ALSO KNOWN AS THE HARVIST ESTATE) | 1 | £2k |
Charities like this
- SHRIMAD RAJCHANDRA MISSION DHARAMPUR (UK)
- FUTURE DHARMA FUND
- BUDDHA LAND KADAMPA MEDITATION CENTRE LTD
- VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD
- Tara International Kadampa Retreat Centre LTD
- THE DHARMA TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DHARMACHAKRA | £220k | — | 0 | below | — | no doubt |
| SHRIMAD RAJCHANDRA MISSION DHARAMPUR (UK) | £1.2m | — | 0 | above | — | no doubt |
| FUTURE DHARMA FUND | £410k | — | 0 | unclear | — | no doubt |
| BUDDHA LAND KADAMPA MEDITATION CENTRE LTD | £124k | — | 0 | above | — | no doubt |
| VAJRAVARAHI KADAMPA MEDITATION CENTRE LTD | £163k | — | 0 | unclear | — | no doubt |
| Tara International Kadampa Retreat Centre LTD | £591k | — | 0 | unclear | — | no doubt |