Yaffa Cultural Arts Inc

Analysis

Yaffa Cultural Arts Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1999, 27 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 December 2023, Yaffa Cultural Arts Inc reported income of $380k and spending of $374k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $380k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yaffa Cultural Arts Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Pacifica Community Television Inc ($379k), Museum of Contemporary Art of the Americas Inc ($380k) and Center for Land Use Interpretation ($379k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $28k (7.6% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k.