Cultivate Yoga

Analysis

Cultivate Yoga is a registered charity in United States, based in Avon, OH. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Cultivate Yoga reported income of $187k and spending of $180k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $187k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cultivate Yoga sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Wild Harbor Sailing Inc ($187k), Louisville Soccer Club Inc ($187k) and Eastern Trail Management District ($187k).

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 $88k against liabilities of $11k, net assets of $77k.