Sayaji U Ba Khin Vipassana Foundation

Analysis

Sayaji U Ba Khin Vipassana Foundation is a registered charity in United States, based in North Fork, CA. It received its IRS tax-exemption ruling in May 1984, 42 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 February 2023, Sayaji U Ba Khin Vipassana Foundation reported income of $1.2m and spending of $807k, leaving 32% of income unspent that year. Across the 4 years on record, from February 2020 to February 2023, income grew from $882k to $1.2m (+35%), an average of +11% a year. The sharpest change came in the year to February 2022, when income rose by 185%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sayaji U Ba Khin Vipassana Foundation sits at the 93rd percentile: it is larger than about 92% 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 Zion Baptist Academy Inc ($1.2m), Good Works Ministries ($1.2m) and Encounter Ministries ($1.2m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6.2m against liabilities of $946k, net assets of $5.3m.