Princeton Meditation Group

Analysis

Princeton Meditation Group is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Princeton Meditation Group reported income of $58k and spending of $44k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $58k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Princeton Meditation Group sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 30th percentile within NJ. Charities of a similar size with the same main cause include Water and Education International ($58k), Mirembe Project ($58k) and Les Cheneaux Preschool Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $464k against liabilities of $0, net assets of $464k.