Layavinyasa Company

Analysis

Layavinyasa Company is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Layavinyasa Company reported income of $138k and spending of $141k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $138k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Layavinyasa Company sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Woodside High School Athletic Booster Organization ($138k), Albany Music Fund ($138k) and Accnj Scholarship Foundation ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. At year end it held assets of $7,156 against liabilities of $0, net assets of $7,156.