Perceptions Yoga Mindfulness and Art Inc

Analysis

Perceptions Yoga Mindfulness and Art Inc is a registered charity in United States, based in North Vernon, IN. It received its IRS tax-exemption ruling in June 2018, 8 years ago. 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, Perceptions Yoga Mindfulness and Art Inc reported income of $74k and spending of $99k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $74k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Perceptions Yoga Mindfulness and Art Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Foundation of the Williamsport Lycoming Chamber ($74k), Tazewell County Resource Centers ($74k) and Fbi National Academy Associates Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 50% of the total. At year end it held assets of $57k against liabilities of $21k, net assets of $37k.