Iyengar Yoga Association of Greater New York

Analysis

Iyengar Yoga Association of Greater New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iyengar Yoga Association of Greater New York reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.3m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iyengar Yoga Association of Greater New York sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Elizabeth Buffum Chace Center ($1.3m), Brea Soccer Association ($1.3m) and Carroll Area Child Care Center Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $82k (6.6% of expenses). At year end it held assets of $1.3m against liabilities of $584k, net assets of $688k. It reported 15 employees.