Center for Contemplative Research

Analysis

Center for Contemplative Research is a registered charity in United States, based in Crestone, CO. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Center for Contemplative Research reported income of $715k and spending of $466k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.6m to $715k (-56%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 34% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Center for Contemplative Research sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include City Ministry Network ($715k), Invade Transitional Home and Ministries Corp ($716k) and Chevrah Lomdei Mishnah Inc ($715k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (21% of expenses). At year end it held assets of $2.5m against liabilities of $119k, net assets of $2.4m. It reported 1 employees.