Middle Way Meditation Institute Inc

Analysis

Middle Way Meditation Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Middle Way Meditation Institute Inc reported income of $161k and spending of $166k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $161k (+7.0%), an average of +7.0% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Middle Way Meditation Institute Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include The Necessary Economic Emergency Distribution Services Center Inc ($161k), Al-Anon Family Groups of Mass Inc ($161k) and New York Fire Dept Holy Name Soc Manhattan BX Richmond BRCH 141 Inc ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $126k against liabilities of $2,726, net assets of $124k.