Yhc Inc

Analysis

Yhc Inc is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yhc Inc reported income of $154k and spending of $169k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $154k (+5.7%), an average of +5.7% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yhc Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Super Skate Posse ($154k), Chaffee County United Soccer Club ($154k) and Falcon Dugout Club ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 77% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.