Himalayan Yoga & Meditation Center

Analysis

Himalayan Yoga & Meditation Center is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Himalayan Yoga & Meditation Center reported income of $54k and spending of $55k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $54k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Himalayan Yoga & Meditation Center sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Central Council of the Society of St Vincent de Paul in the Diocese ($54k), Kuluntu Bakery ($54k) and Biltomore 15k Classic Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 88% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.