Scholarship Yellow Medicine East

Analysis

Scholarship Yellow Medicine East is a registered charity in United States, based in Granite Falls, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scholarship Yellow Medicine East reported income of $75k and spending of $122k, spending 162% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $75k (-13%), an average of -12% a year. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Scholarship Yellow Medicine East sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Noble Educational Initiatives Inc ($75k), The Dean Randazzo Cancer Foundation ($75k) and Higley High School Choir Boosters ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.