The Friends of Yimbo

Analysis

The Friends of Yimbo is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in December 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Friends of Yimbo reported income of $139k and spending of $180k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $139k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Friends of Yimbo sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Genocide Education Project ($139k), Kyunggi Girls Alumnae Association of Southern California ($139k) and Africa Harvest of Hope ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.