Southwest Vipassana Association Inc

Analysis

Southwest Vipassana Association Inc is a registered charity in United States, based in Bedford, TX. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Southwest Vipassana Association Inc reported income of $682k and spending of $923k, spending 135% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.2m to $682k (-43%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 471%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Vipassana Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Mays Foundation ($682k), Kindness Initiative ($682k) and Land to Learn Inc ($682k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $5.1m against liabilities of $45k, net assets of $5.1m.