Pat Yarbrough Evangelistic Association

Analysis

Pat Yarbrough Evangelistic Association is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in May 1970, 56 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pat Yarbrough Evangelistic Association reported income of $177k and spending of $285k, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $177k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 142% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pat Yarbrough Evangelistic Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within MO. Charities of a similar size with the same main cause include Virginia Chorale ($177k), Jacobs Well Missions ($177k) and Waterford Public Library Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $96k (34% of expenses). Other salaries and wages came to $89k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.