Institute for Meditation & Psychotherapy

Analysis

Institute for Meditation & Psychotherapy is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute for Meditation & Psychotherapy reported income of $166k and spending of $173k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $245k to $166k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Meditation & Psychotherapy sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Geneva Music Boosters Inc ($166k), Spring Ahead Pre-School Ltd Methodist Church ($166k) and American Friends of Jacobs Ladder Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 91% of the total. At year end it held assets of $247k against liabilities of $0, net assets of $247k.