Yumas Education Scholarship Fund for Kids Inc

Analysis

Yumas Education Scholarship Fund for Kids Inc is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2023, Yumas Education Scholarship Fund for Kids Inc reported income of $1.4m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.8m to $1.4m (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yumas Education Scholarship Fund for Kids Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within AZ. Charities of a similar size with the same main cause include Emma Freeman Foundation Uwo H M Freeman ($1.4m), Kyle Petty Charity Ride Inc ($1.4m) and United Way of Hamblen County ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.