Animitta Theinngu Vipassana Society of America Inc

Analysis

Animitta Theinngu Vipassana Society of America Inc is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Animitta Theinngu Vipassana Society of America Inc reported income of $1.0m and spending of $167k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $73k to $1.0m (+1297%), an average of +1297% a year. The sharpest change came in the year to December 2023, when income rose by 1297%. Over the whole period it spent 25% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Animitta Theinngu Vipassana Society of America Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Yesenia Thens Ministry ($1.0m), Ufm Worldwide USA Inc ($1.0m) and Sparta Ministries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $1.8m against liabilities of $384k, net assets of $1.5m.