Maharishi University of Enlightenment

Analysis

Maharishi University of Enlightenment is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Maharishi University of Enlightenment reported income of $452k and spending of $2.4m, spending 528% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $268k to $452k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income dropped by 2301%. Over the whole period it spent -75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Maharishi University of Enlightenment 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 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Living the Faith Ministry ($452k), All Catholic Studios ($452k) and Parish Resource Center Inc ($452k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $15k (0.6% of expenses). Other salaries and wages came to $29k. At year end it held assets of $109k against liabilities of $5,894, net assets of $103k. It reported 9 employees.