Kundalini Yoga Ashram

Analysis

Kundalini Yoga Ashram is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in March 1973, 53 years ago. 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 November 2023, Kundalini Yoga Ashram reported income of $54k and spending of $61k, spending 114% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income fell from $58k to $54k (-6.9%), an average of -6.9% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kundalini Yoga Ashram sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include PTA Delwaware Congress ($54k), Arc of Oconee County Inc ($54k) and Manchester Area Historical Society Inc ($54k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $369k against liabilities of $1,777, net assets of $367k.