Deep Spring Center for Meditation and Spiritual Inquiry

Analysis

Deep Spring Center for Meditation and Spiritual Inquiry is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Deep Spring Center for Meditation and Spiritual Inquiry reported income of $70k and spending of $90k, spending 129% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $106k to $70k (-34%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deep Spring Center for Meditation and Spiritual Inquiry sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Westglades Middle School Band Boosters ($70k), Orlando Alumni Chapter of Kappa Alpha Psi Fraternity Inc ($70k) and Chris Hixon Athletic Scholarship Fund ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. At year end it held assets of $113k against liabilities of $1,756, net assets of $111k.