Woodbury Yoga Center Inc

Analysis

Woodbury Yoga Center Inc is a registered charity in United States, based in Woodbury, CT. It received its IRS tax-exemption ruling in February 1986, 40 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Woodbury Yoga Center Inc reported income of $57k and spending of $60k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $57k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Woodbury Yoga Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include The Andover Choral Society Inc ($57k), PTA California Congress of Parents Teachers & Students Inc ($57k) and Chingona Community Incorporated ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.