Yes I Can Unity Through Music and Education Inc

Analysis

Yes I Can Unity Through Music and Education Inc is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Yes I Can Unity Through Music and Education Inc reported income of $2.3m and spending of $1.7m, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $363k to $2.3m (+546%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yes I Can Unity Through Music and Education Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Poder Learning Center ($2.3m), Cambridge School Inc ($2.3m) and Tulsa Regional STEM Alliance Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $405k (23% of expenses). Other salaries and wages came to $768k. At year end it held assets of $986k against liabilities of $38k, net assets of $948k. It reported 15 employees.