Yatoomas Foundation for the Kids Inc

Analysis

Yatoomas Foundation for the Kids Inc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover human services, 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, Yatoomas Foundation for the Kids Inc reported income of $131k and spending of $205k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $289k to $131k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Yatoomas Foundation for the Kids Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Reedsburg Area Food Pantry Inc ($131k), Elohim Child Care & Learning Center ($131k) and Mike Alstott Family Foundation Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $2,084. At year end it held assets of $30k against liabilities of $47k, net assets of -$16k. It reported 1 employees.