Veda Yoga

Analysis

Veda Yoga is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Veda Yoga reported income of $406k and spending of $395k, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $281k to $406k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Veda Yoga sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Laguna Beach Football Club ($406k), Ultimook ($406k) and Dubuque County Hockey Association ($406k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $327k against liabilities of $318k, net assets of $8,891.