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Twin Cities Vipassana Collective

RegisteredEIN 11-3785706Minneapolis, MNEducation and training
Income$71k2023-12
Spending$75ksame year
Spent / received98%2-year average
Size in its cause30th pctEducation and training
Exempt since2006Publicly supported organisat
Employees–latest return

Analysis

Twin Cities Vipassana Collective is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 2006, 20 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, Twin Cities Vipassana Collective reported income of $71k and spending of $75k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $71k (+274%), an average of +274% a year. The sharpest change came in the year to December 2023, when income rose by 274%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Twin Cities Vipassana Collective sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Douglas Elementary Parent Teacher Organization Inc ($71k), Sylvania Schools Foundation ($71k) and Helix High School Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.

Income and spending

$0$19k$38k$56k$75k2022 Income: $18,9082022 Spending: $12,63320222023 Income: $70,7142023 Spending: $75,0992023
IncomeSpending

Where the income comes from

  • Contributions & grants 38%
  • Program services 62%

Similar-sized charities, same cause

CharityLocationIncome
Douglas Elementary Parent Teacher Organization IncSaugatuck$71k
Sylvania Schools FoundationSylvania$71k
Helix High School FoundationLA Mesa$71k
Zion Christian Academy FoundationColumbia$71k