Ybmc

Analysis

Ybmc is a registered charity in United States, based in Normal, IL. It received its IRS tax-exemption ruling in December 1996, 30 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, Ybmc reported income of $2.1m and spending of $2.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.1m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ybmc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Autism Spectrum Center for Educational and Neurological ($2.1m), Freedom Prep Academy - Mesa ($2.1m) and Montessori Academy of Naples Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $228k (11% of expenses). Other salaries and wages came to $797k. At year end it held assets of $3.2m against liabilities of $2.1m, net assets of $1.1m. It reported 21 employees.