Philadelphia Meditation Center Inc

Analysis

Philadelphia Meditation Center Inc is a registered charity in United States, based in Havertown, PA. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Philadelphia Meditation Center Inc reported income of $56k and spending of $45k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $24k to $56k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philadelphia Meditation Center Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Frederick Douglass Alumni Association Inc ($56k), New York Insurance Shroleship Foundation Inc ($56k) and Roxboro Road Elementary School Parent Teacher Group ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.