Yankasa Association of New York Inc

Analysis

Yankasa Association of New York Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Yankasa Association of New York Inc reported income of $208k and spending of $217k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $208k (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 325%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yankasa Association of New York Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Ministerio Internacional Jesus Es El Senor Inc ($208k), Women of Alabaster Ministry Inc ($208k) and Khmer Krom Buddhist Cultural Center of Wichita Kansas Wat Munivongsa ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $1, net assets of $1.7m.

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.