B K S Iyengar Yoga National Assoc of the United States Incorporated

Analysis

B K S Iyengar Yoga National Assoc of the United States Incorporated is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, B K S Iyengar Yoga National Assoc of the United States Incorporated reported income of $890k and spending of $1.1m, spending 125% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $536k to $890k (+66%), an average of +11% a year. The sharpest change came in the year to December 2019, when income rose by 142%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, B K S Iyengar Yoga National Assoc of the United States Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Jack Brewer Foundation ($890k), Blue Ridge Christian School ($890k) and American College of Sports Medicine ($890k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $42k (3.8% of expenses). Other salaries and wages came to $139k. At year end it held assets of $540k against liabilities of $17k, net assets of $523k. It reported 7 employees.