American Devanand Yoga Center Inc

Analysis

American Devanand Yoga Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, American Devanand Yoga Center Inc reported income of $50k and spending of $22k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $50k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Devanand Yoga Center Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Vedics Foundation ($50k), DMV Oromo Islamic Center ($50k) and Awake Ministries C/O Dennis R Gallagher Sr ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $467k against liabilities of $0, net assets of $467k.