Yl Hearts Inc

Analysis

Yl Hearts Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 December 2022, Yl Hearts Inc reported income of $650k and spending of $308k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $606k to $650k (+7.3%), an average of +7.3% a year. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yl Hearts Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include St Louis County Historical Society ($650k), Cardiovascular Institute ($650k) and Womens Auxiliary of Saint Francis Hospital and Medical Center Inc ($650k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.