Kundalini Research Institute

Analysis

Kundalini Research Institute is a registered charity in United States, based in Santa Cruz, NM. It received its IRS tax-exemption ruling in February 1976, 50 years ago. 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 June 2023, Kundalini Research Institute reported income of $1.5m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $1.5m (-49%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 28%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kundalini Research Institute 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 84th percentile, and in the 84th percentile within NM. Charities of a similar size with the same main cause include Thorncroft Equestrian Center ($1.5m), Solid Rock Inc ($1.5m) and Armstrong Community Music School ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $146k (9.1% of expenses). Other salaries and wages came to $284k. At year end it held assets of $3.0m against liabilities of $1.9m, net assets of $1.1m. It reported 6 employees.