Art of Living Foundation

Analysis

Art of Living Foundation is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Art of Living Foundation reported income of $23.4m and spending of $27.8m, spending 119% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.1m to $23.4m (+654%), an average of +50% a year. The sharpest change came in the year to December 2019, when income rose by 178%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art of Living Foundation 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 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Scan-Harbor Inc ($23.4m), Florida State University International Programs Assoc Inc ($23.4m) and Young Mens Christian Association of the Chesapeake Inc ($23.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $30.5m against liabilities of $3.7m, net assets of $26.8m. It reported 31 employees.