Ratanapanya Meditation Center

Analysis

Ratanapanya Meditation Center is a registered charity in United States, based in Wildomar, CA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ratanapanya Meditation Center reported income of $180k and spending of $125k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $180k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ratanapanya Meditation Center sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Philadelphia Folklore Project ($180k), Merrill Arts Center ($180k) and Chelmsford Historical Society Inc ($180k).

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 $1.6m against liabilities of $362k, net assets of $1.2m.