Blue Mountain Center of Meditation Inc
Analysis
Blue Mountain Center of Meditation Inc is a registered charity in United States, based in Tomales, CA. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Blue Mountain Center of Meditation Inc reported income of $1.5m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Mountain Center of Meditation Inc sits at the 80th percentile: it is larger than about 80% 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 Laredo International Fair and Exposition ($1.5m), Empowerment Incorporated ($1.5m) and Alianza of New Mexico ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $190k (12% of expenses). Other salaries and wages came to $403k. At year end it held assets of $4.2m against liabilities of $157k, net assets of $4.1m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 6.6%
- Other 39%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Laredo International Fair and Exposition | Laredo | $1.5m |
| Empowerment Incorporated | Birmingham | $1.5m |
| Alianza of New Mexico | Roswell | $1.5m |
| Park Playhouse Inc | Cohoes | $1.5m |