Yoga East Inc

Analysis

Yoga East Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1979, 47 years ago. 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, Yoga East Inc reported income of $214k and spending of $218k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $214k (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yoga East Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include Johnson Christian School of the Johnson Southern Baptist Mission ($214k), National Smokejumpers Association ($214k) and Sauk Prairie Area Food Pantry Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $36k (16% of expenses). Other salaries and wages came to $21k. At year end it held assets of $53k against liabilities of $6,558, net assets of $46k. It reported 22 employees.