Swami Kuvalayananda Yoga Foundation

Analysis

Swami Kuvalayananda Yoga Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Swami Kuvalayananda Yoga Foundation reported income of $111k and spending of $29k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $111k (+225%), an average of +225% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Swami Kuvalayananda Yoga Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within PA. Charities of a similar size with the same main cause include Act Together Ministries ($111k), Mississippi Alliance for Child and Community Advocacy Inc ($111k) and 25-35 Ministries ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $13k (45% of expenses). At year end it held assets of $158k against liabilities of $122k, net assets of $36k.