Maharishi Vedic Science and Technology Foundation

Analysis

Maharishi Vedic Science and Technology Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover science and technology, 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, Maharishi Vedic Science and Technology Foundation reported income of $1.0m and spending of $1.8m, spending 176% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income grew from $250k to $1.0m (+302%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 1364%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maharishi Vedic Science and Technology Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Peterborough Players Inc ($1.0m), Chinese American Museum Foundation ($1.0m) and Richmond Art Center ($1.0m).

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 $291k against liabilities of $0, net assets of $291k.