Shree Maharishi Bhrigu Ashram

Analysis

Shree Maharishi Bhrigu Ashram is a registered charity in United States, based in Trabuco Cyn, CA. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Shree Maharishi Bhrigu Ashram reported income of $227k and spending of $505k, spending 222% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $41k to $227k (+457%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 5601%. Over the whole period it spent 13% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shree Maharishi Bhrigu Ashram sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Davenport Buddhist Association Kim Cang Temple ($227k), Blaze Ministries International ($227k) and Awakening Hope Ministries Inc ($227k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% of the total. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.