Institute for Advanced Consciousness Studies Inc

Analysis

Institute for Advanced Consciousness Studies Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Institute for Advanced Consciousness Studies Inc reported income of $1.3m and spending of $1.3m, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $820k to $1.3m (+53%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Advanced Consciousness Studies Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Hope Health Clinic Inc ($1.3m), Tacoma Orthopedic Association Operations & Maintenance TR ($1.3m) and Central California Recovery Inc ($1.3m).

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 $113k (8.6% of expenses). At year end it held assets of $642k against liabilities of $223k, net assets of $419k.