Nyingma Institute

Analysis

Nyingma Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in December 1972, 54 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Nyingma Institute reported income of $854k and spending of $884k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $647k to $854k (+32%), an average of +7.2% a year. The sharpest change came in the year to August 2023, when income rose by 34%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nyingma Institute sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Blackaby Ministries International Inc ($853k), Ananda Mandir Inc ($854k) and Contemplative Outreach Ltd ($853k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $12k (1.3% of expenses). Other salaries and wages came to $22k. At year end it held assets of $3.2m against liabilities of $193k, net assets of $3.0m. It reported 10 employees.