Isha Foundation Inc

Analysis

Isha Foundation Inc is a registered charity in United States, based in McMinnville, TN. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Isha Foundation Inc reported income of $48.4m and spending of $17.7m, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.4m to $48.4m (+90%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isha Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Rowan University Foundation Inc ($48.3m), Sage Oak Charter School ($48.4m) and Rocky Mountain College ($48.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 50% of the total. Other salaries and wages came to $352k. At year end it held assets of $154.1m against liabilities of $21.9m, net assets of $132.1m. It reported 53 employees.