Open Heart Yoga Inc

Analysis

Open Heart Yoga Inc is a registered charity in United States, based in Red Bank, NJ. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Open Heart Yoga Inc reported income of $101k and spending of $98k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $101k (+0.5%), an average of +0.5% a year. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Open Heart Yoga Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Dekalb Council on Pregnancy Inc ($101k), Kiwanis Pediatric Trauma Ctr FNDN ($101k) and Furipaca Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 40% of the total. At year end it held assets of $88k against liabilities of $9,461, net assets of $78k.