Illinois Vipassana Association

Analysis

Illinois Vipassana Association is a registered charity in United States, based in Pecatonica, IL. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Illinois Vipassana Association reported income of $835k and spending of $478k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $372k to $835k (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 334%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Illinois Vipassana Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Missionworks ($835k), Sorger Ministries International ($835k) and African Christian Outreach Inc ($834k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $45k. At year end it held assets of $3.5m against liabilities of $851k, net assets of $2.7m. It reported 6 employees.