Maharishi Foundation International

Analysis

Maharishi Foundation International is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maharishi Foundation International reported income of $6.1m and spending of $6.5m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $6.1m (+289%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maharishi Foundation International sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Youth Haven Inc ($6.1m), Southeast Alabama Youth Services Incorporated ($6.1m) and Little Sisters of the Poor of Kansas City ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.6% of the total. Other salaries and wages came to $984k. At year end it held assets of $3.7m against liabilities of $1.4m, net assets of $2.2m. It reported 17 employees.