Yellow Ribbon Fund Inc

Analysis

Yellow Ribbon Fund Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in February 2006, 20 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 February 2024, Yellow Ribbon Fund Inc reported income of $2.8m and spending of $2.6m, spending 92% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $2.1m to $2.8m (+34%), an average of +7.6% a year. The sharpest change came in the year to February 2022, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yellow Ribbon Fund Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Earn Inc ($2.8m), Marthas Vineyard Community Foundation Inc ($2.8m) and Anaheim Community Foundation ($2.8m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $397k (16% of expenses). Other salaries and wages came to $308k. At year end it held assets of $2.8m against liabilities of $454k, net assets of $2.3m. It reported 18 employees.