Mystic Meditation Inc
Analysis
Mystic Meditation Inc is a registered charity in United States, based in Camarillo, CA. It received its IRS tax-exemption ruling in May 2026. 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, Mystic Meditation Inc reported income of $1.6m and spending of $608k, leaving 62% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $388k to $1.6m (+317%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 36% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Mystic Meditation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Gurdwara Dashmesh Darbar Inc ($1.6m), Bridge to the Mountains ($1.6m) and SEND North ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (1.9% of expenses). At year end it held assets of $2.6m against liabilities of $29k, net assets of $2.5m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gurdwara Dashmesh Darbar Inc | Port Reading | $1.6m |
| Bridge to the Mountains | Pittsburgh | $1.6m |
| SEND North | Anchorage | $1.6m |
| Temple Emanuel of Long BCH | Long Beach | $1.6m |