Mindful Valley

Analysis

Mindful Valley is a registered charity in United States, based in Reseda, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2019, Mindful Valley reported income of $60k and spending of $56k, spending 93% of its income. Across the 2 years on record, from December 2018 to December 2019, income fell from $98k to $60k (-39%), an average of -39% a year. The sharpest change came in the year to December 2019, when income dropped by 39%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mindful Valley sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Water & Medical Project Int L Corp ($60k), Project Tibet Inc ($60k) and Climbing Higher Resources Inc ($60k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. At year end it held assets of $4,400 against liabilities of $54k, net assets of -$50k.