Lotus Garden Meditation Center

Analysis

Lotus Garden Meditation Center is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in May 2009, 17 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, Lotus Garden Meditation Center reported income of $170k and spending of $142k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $170k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. 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, Lotus Garden Meditation Center sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Touch My Heart NFP ($170k), Human Empowerment Outreach Corporation ($170k) and Hancock County Child Advocacy Center Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.