Vimutti Rasa Vipassana Association

Analysis

Vimutti Rasa Vipassana Association is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vimutti Rasa Vipassana Association reported income of $70k and spending of $47k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $183k to $70k (-62%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 24% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vimutti Rasa Vipassana Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include The Ministry Lab ($70k), Chabad Israeli Center of Tampa Inc ($70k) and Greater Boston Eruv Corporation ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $737k against liabilities of $74k, net assets of $664k.