Asheville Community Yoga Center

Analysis

Asheville Community Yoga Center is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asheville Community Yoga Center reported income of $568k and spending of $589k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $568k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asheville Community Yoga Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Good Samaritan Center of Excelsior Springs ($567k), High Noon International ($568k) and MCC Foundation Inc ($567k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $79k (13% of expenses). Other salaries and wages came to $185k. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $670k. It reported 13 employees.