Friends of Sivananda Ashram Yoga in the Caribbean Inc

Analysis

Friends of Sivananda Ashram Yoga in the Caribbean Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Friends of Sivananda Ashram Yoga in the Caribbean Inc reported income of $85k and spending of $99k, spending 117% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $344k to $85k (-75%), an average of -37% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Sivananda Ashram Yoga in the Caribbean Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Hope - Full Pastures Therapeutic Farm ($85k), Brothers for Christ Community Response ($85k) and A Childs Journey Early Learning Ministry Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.