Maharishi University of Management

Analysis

Maharishi University of Management is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maharishi University of Management reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.5m (+95%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maharishi University of Management sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Cristo Rey Research Triangle High School Inc ($2.5m), Grace Christian Academy ($2.5m) and Trilogy Health Services Foundation Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (1.0% of expenses). At year end it held assets of $1.1m against liabilities of $324k, net assets of $807k. It reported 1 employees.