Yspaniola Incorporated

Analysis

Yspaniola Incorporated is a registered charity in United States, based in Jamaica Plain, MA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Yspaniola Incorporated reported income of $272k and spending of $293k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $215k to $272k (+27%), an average of +6.1% a year. The sharpest change came in the year to September 2023, when income rose by 71%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Yspaniola Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include St Nicholas Uganda Childrens Fund ($272k), Us2uganda4life ($272k) and Crescent Foundation Inc ($272k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $55k (19% of expenses). Other salaries and wages came to $5,848. At year end it held assets of $70k against liabilities of $5,500, net assets of $65k.