Long Beach Meditation

Analysis

Long Beach Meditation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in January 2010, 16 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, Long Beach Meditation reported income of $86k and spending of $94k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $86k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Long Beach Meditation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($86k), University Club Scholarship Fund Inc ($86k) and Fond du Lac Tribal and Community College Foundation ($86k).

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 $39k against liabilities of $2,470, net assets of $37k.