York Foundation

Analysis

York Foundation is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, York Foundation reported income of $7.0m and spending of $10.9m, spending 156% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $5.1m to $7.0m (+37%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, York Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Intrepid Fallen Heroes Fund ($6.9m), Community Foundation for Nantucket ($7.0m) and Innovate Public Schools ($6.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 58% of the total. At year end it held assets of $75.6m against liabilities of $238k, net assets of $75.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.