Yfc Inc

Analysis

Yfc Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Yfc Inc reported income of $1.1m and spending of $1.7m, spending 152% of what it took in. Across the 6 years on record, from December 2019 to September 2023, income fell from $1.4m to $1.1m (-20%), an average of -4.3% a year. The sharpest change came in the year to December 2020, when income rose by 370%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yfc Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NE. Charities of a similar size with the same main cause include Girl Be Heard Institute ($1.1m), Artists in Motion Inc ($1.1m) and Hudson River Maritime Museum ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $256k. At year end it held assets of $46k against liabilities of $4,246, net assets of $42k. It reported 7 employees.