Yoga Bharati

Analysis

Yoga Bharati is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 2004, 22 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, Yoga Bharati reported income of $291k and spending of $290k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $291k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income dropped by 34%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yoga Bharati sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Ardsley Curling Club Inc ($291k), Woodcreek Jr Timberwolves ($291k) and New Lenox Baseball Assoc Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $95k. It paid $1,205 in professional fundraising fees. At year end it held assets of $692k against liabilities of $55k, net assets of $637k. It reported 6 employees.