Dharma Educational Institute

Analysis

Dharma Educational Institute is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Dharma Educational Institute reported income of $5.5m and spending of $5.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $5.5m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dharma Educational Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include K-State Union Corporation ($5.5m), Elm City Montessori School Inc ($5.5m) and Camden Prep Foundation Inc ($5.5m).

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 $331k (6.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.4m against liabilities of $2.3m, net assets of $2.2m. It reported 51 employees.