Prison Yoga Project Inc

Analysis

Prison Yoga Project Inc is a registered charity in United States, based in Bolinas, CA. It received its IRS tax-exemption ruling in February 2021, 5 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 December 2023, Prison Yoga Project Inc reported income of $1.5m and spending of $1.0m, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $425k to $1.5m (+241%), an average of +85% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prison Yoga Project Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Riverlink Inc ($1.4m), North Brunswick First Aid & Rescue Squad Inc ($1.5m) and Aspira Inc of New Jersey ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $252k (24% of expenses). Other salaries and wages came to $428k. At year end it held assets of $1.2m against liabilities of $2,946, net assets of $1.2m. It reported 27 employees.