Caldwell County Yokefellow Inc

Analysis

Caldwell County Yokefellow Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Caldwell County Yokefellow Inc reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.3m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caldwell County Yokefellow Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Gifts of Love Inc ($1.3m), Evansville Assn for the Blind ($1.3m) and Culpepper Garden II Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $103k (8.1% of expenses). Other salaries and wages came to $341k. At year end it held assets of $1.5m against liabilities of $4,660, net assets of $1.5m. It reported 24 employees.