Veterans Yoga Project

Analysis

Veterans Yoga Project is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Veterans Yoga Project reported income of $590k and spending of $602k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $539k to $590k (+9.5%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Veterans Yoga Project 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 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include U-Turn for Christ Inc ($590k), Yield Lab Institute ($590k) and International Organization for Adolescents Incorporated ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $119k (20% of expenses). Other salaries and wages came to $58k. At year end it held assets of $585k against liabilities of $21k, net assets of $564k. It reported 6 employees.