In 2022, the US entity had total receipts of over USD 40 Mn... that's more than Rs 300 crores
That's up from ~$30 Mn in 2021, and ~$20 Mn in 2020
And at a $40 Mn receipt, their expenses stand at $13.5 Mn, which means a profit / surplus percentage of 66%... that's $26 Mn of tax free funds
The trust in the US alone has assets worth over $110 Mn on the books... the real value of all the real estate within which would be multifolds... Indian land possibly not included.
In the Indian foreign currency account itself, they received over Rs 32 crores of donations from outside of India... and have bank deposits of ~Rs 100 crores - just in the FCRA account.
In terms of products, they seem to have 3 verticals:
The first is yoga and meditation classes, online and offline, with programs such as the Inner Engineering.
Secondly, there are events and excursions for which group tours are conducted.
And then, there are ayurvedic products and consumer goods sold through their stores.
Now, a number of people get pained to see not for profits make money... but that's the wrong lens to look at things...
As long as the work they do adds value to people's lives... it's amazing...
They run rural schools, save the soil campaigns and hopefully make people's lives worth living by training them on core life skills like breathwork, meditation and improving their life's focus.
casarthakahuja
This post was originally shared by Sarthak Ahuja on Linkedin.