Krishnamurti Foundation of America

Analysis

Krishnamurti Foundation of America is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Krishnamurti Foundation of America reported income of $1.8m and spending of $812k, leaving 54% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $8.8m to $1.8m (-80%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 81%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Krishnamurti Foundation of America sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Ross School Foundation ($1.8m), Montessori Elementary School of Columbia Inc ($1.8m) and Sprinkler Fitters Joint Apprentices Hip Committee ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $99k (12% of expenses). At year end it held assets of $22.6m against liabilities of $88k, net assets of $22.5m. It reported 2 employees.