Yes Network

Analysis

Yes Network is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Yes Network reported income of $867k and spending of $1.4m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $867k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 260%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yes Network sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Foundation for Long Term Care Inc ($867k), Childs First Inc ($867k) and Washington County Healthy Living Association ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $113k (8.1% of expenses). Other salaries and wages came to $552k. At year end it held assets of $504k against liabilities of $76k, net assets of $428k. It reported 53 employees.