Kripalu Center for Yoga & Health Inc

Analysis

Kripalu Center for Yoga & Health Inc is a registered charity in United States, based in Stockbridge, MA. It received its IRS tax-exemption ruling in December 1971, 55 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kripalu Center for Yoga & Health Inc reported income of $28.9m and spending of $26.7m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $37.2m to $28.9m (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kripalu Center for Yoga & Health Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Excentia Human Services ($28.9m), Oakland Livingston Human Service Agency ($28.9m) and Miccosukee Corporation ($28.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $470k (1.8% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $47.7m against liabilities of $15.0m, net assets of $32.7m. It reported 432 employees.