Maharishi Purusha Program

Analysis

Maharishi Purusha Program is a registered charity in United States, based in Romney, WV. It received its IRS tax-exemption ruling in April 2010, 16 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 2024, Maharishi Purusha Program reported income of $2.0m and spending of $2.7m, spending 138% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.3m to $2.0m (-15%), an average of -4.0% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maharishi Purusha Program sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within WV. Charities of a similar size with the same main cause include Boyertown Area Multi-Service Inc ($2.0m), Open Arms Child Development Center ($2.0m) and Rod & Staff Publishers Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $900 (0.0% of expenses). Other salaries and wages came to $101k. At year end it held assets of $4.3m against liabilities of $46k, net assets of $4.3m. It reported 43 employees.