Ybc Inc

Analysis

Ybc Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ybc Inc reported income of $1.3m and spending of $1.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.3m (+3.9%), an average of +1.0% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ybc Inc sits at the 78th 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 81st percentile within MN. Charities of a similar size with the same main cause include Western Technical College Foundation Inc ($1.3m), Disciple Nations Alliance Inc ($1.3m) and The College of Southern Maryland Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $13.0m against liabilities of $13.7m, net assets of -$672k.