Advaita Fellowship

Analysis

Advaita Fellowship is a registered charity in United States, based in Hermosa Beach, CA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advaita Fellowship reported income of $145k and spending of $149k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $145k (-8.6%), an average of -8.6% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Advaita Fellowship sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Purple Playas Foundation Inc ($145k), Piedmont Recreation Association of Union County Inc ($145k) and American Society of Reclamation Sciences Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $36k against liabilities of $14k, net assets of $22k.