Rangjung Yeshe Institute Foundation Inc

Analysis

Rangjung Yeshe Institute Foundation Inc is a registered charity in United States, based in Leggett, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rangjung Yeshe Institute Foundation Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $943k to $1.2m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rangjung Yeshe Institute Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Animal Balance ($1.2m), International Union of Operating Engineers Local 98 Training Fund ($1.2m) and Chalcedon Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. At year end it held assets of $1.7m against liabilities of $86k, net assets of $1.6m.