Krotona Institute of Theosophy

Analysis

Krotona Institute of Theosophy is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in March 1948, 78 years ago. 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 December 2023, Krotona Institute of Theosophy reported income of $959k and spending of $469k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $489k to $959k (+96%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 678%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Krotona Institute of Theosophy sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Josephs Coat Inc ($959k), The Community Helpers Inc ($960k) and North Hennepin Community College Foundation ($959k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 8.1% of the total. Other salaries and wages came to $189k. At year end it held assets of $3.6m against liabilities of $3.6m, net assets of $52k. It reported 13 employees.