Souljourn Yoga Foundation Inc

Analysis

Souljourn Yoga Foundation Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in August 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Souljourn Yoga Foundation Inc reported income of $78k and spending of $78k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $78k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Souljourn Yoga Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($78k), PSCF Foundation Inc ($78k) and Torrance Youth Football & Cheerleading Association Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $5,739 against liabilities of $0, net assets of $5,739.