Uss Yorktown Foundation

Analysis

Uss Yorktown Foundation is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Uss Yorktown Foundation reported income of $659k and spending of $377k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $349k to $659k (+89%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 38%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Uss Yorktown Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Merrimack Academy for Theperforming Arts Inc ($659k), South Georgia Ballet ($659k) and Friends of the Park Inc ($659k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $123k (33% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.