Unifying Meditation Institute
Analysis
Unifying Meditation Institute is a registered charity in United States, based in Jamestown, CO. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, Unifying Meditation Institute reported income of $63k and spending of $111k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $66k to $63k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 142% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Unifying Meditation Institute 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 25th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Acto of Valdosta Inc ($63k), Agricultural Safety and Health Council of America ($63k) and C O P I N Ministries Inc ($63k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $32k (29% of expenses). At year end it held assets of $1.0m against liabilities of $1,621, net assets of $1.0m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 13%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Acto of Valdosta Inc | Valdosta | $63k |
| Agricultural Safety and Health Council of America | Mankato | $63k |
| C O P I N Ministries Inc | Cumming | $63k |
| Fdny Firefighter John F McNamara Foundation Inc | Blue Point | $63k |