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Life in Yoga Institute Inc

RegisteredEIN 61-1657278Ashton, MDEducation and training
Income$182k2023-12
Spending$85ksame year
Spent / received65%2-year average
Size in its cause53rd pctEducation and training
Exempt since2013Publicly supported organisat
Employees–latest return

Analysis

Life in Yoga Institute Inc is a registered charity in United States, based in Ashton, MD. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Life in Yoga Institute Inc reported income of $182k and spending of $85k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $182k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Life in Yoga Institute Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within MD. Charities of a similar size with the same main cause include Everscholar Inc ($182k), Toro Football Booster Club Inc ($182k) and Endowment Fund of Saint Augustine Church ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 29% of the total. At year end it held assets of $273k against liabilities of $465, net assets of $272k.

Income and spending

$0$46k$91k$137k$182k2022 Income: $125,4982022 Spending: $115,72120222023 Income: $182,3772023 Spending: $84,5752023
IncomeSpending

Where the income comes from

  • Contributions & grants 67%
  • Program services 29%
  • Other 3.8%

Similar-sized charities, same cause

CharityLocationIncome
Everscholar IncPrinceton JCT$182k
Toro Football Booster Club IncMesa$182k
Endowment Fund of Saint Augustine ChurchAndover$182k
Washington Local Schools FoundationToledo$182k