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Mystic Meditation Inc

RegisteredEIN 84-2681459Camarillo, CAReligion
Income$1.6m2023-12
Spending$608ksame year
Spent / received36%4-year average
Size in its cause94th pctReligion
Exempt since2026Church
Employees1latest return

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

$0$405k$810k$1.2m$1.6m2020 Income: $388,4902020 Spending: $119,91820202021 Income: $762,8822021 Spending: $245,84620212022 Income: $1,217,3392022 Spending: $471,68720222023 Income: $1,620,6772023 Spending: $607,8812023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Gurdwara Dashmesh Darbar IncPort Reading$1.6m
Bridge to the MountainsPittsburgh$1.6m
SEND NorthAnchorage$1.6m
Temple Emanuel of Long BCHLong Beach$1.6m