Sivananda Yoga Vedanta Center Inc

Analysis

Sivananda Yoga Vedanta Center Inc is a registered charity in United States, based in Woodbourne, NY. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Sivananda Yoga Vedanta Center Inc reported income of $165k and spending of $353k, spending 214% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.1m to $165k (-85%), an average of -62% a year. The sharpest change came in the year to December 2020, when income dropped by 77%. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sivananda Yoga Vedanta Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Telemachus Foundation Inc ($165k), Religion Outside the Box ($165k) and Xponent Ministries ($165k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1,669. At year end it held assets of $2.0m against liabilities of $10k, net assets of $2.0m.