Yokyworks Foundation

Analysis

Yokyworks Foundation is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in September 2009, 17 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, Yokyworks Foundation reported income of $227k and spending of $230k, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $302k to $227k (-25%), an average of -9.0% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yokyworks Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Senior Citizens Dollar a Month Club ($227k), Respite Care Foundation ($227k) and Maritime Patrol Association Inc ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $120k. At year end it held assets of $18k against liabilities of $7,122, net assets of $11k. It reported 3 employees.