Srikarunamayi Research Institute of Meditation Center

Analysis

Srikarunamayi Research Institute of Meditation Center is a registered charity in United States, based in Forsyth, GA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Srikarunamayi Research Institute of Meditation Center reported income of $1.6m and spending of $1.1m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.6m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Srikarunamayi Research Institute of Meditation Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include Augusta Radio Fellowship Institute Inc ($1.6m), New Mexico Dream Center ($1.6m) and Temple Emanuel of Long BCH ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $61k. At year end it held assets of $2.5m against liabilities of $92k, net assets of $2.4m. It reported 3 employees.