Yoga Shakti Mission Inc

Analysis

Yoga Shakti Mission Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in April 1983, 43 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, Yoga Shakti Mission Inc reported income of $128k and spending of $39k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $128k (+183%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 146%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yoga Shakti Mission Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Clarksdale-Coahoma County Ministries Inc ($128k), Salmon Creek Housing Inc ($128k) and 3 a Bereavement Foundation ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 8.5% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.