Art of Yoga Project

Analysis

Art of Yoga Project is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Art of Yoga Project reported income of $847k and spending of $760k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $672k to $847k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Art of Yoga Project sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Jefferson Defrees Family Center ($847k), Creative Living Inc ($847k) and Compassionate Heart Ministries ($847k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $195k (26% of expenses). Other salaries and wages came to $441k. At year end it held assets of $873k against liabilities of $0, net assets of $873k. It reported 56 employees.