Yachad Inc

Analysis

Yachad Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Yachad Inc reported income of $564k and spending of $450k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $721k to $564k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yachad Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Volunteers of America Inc ($563k), KBJ Nonprofit Housing ($564k) and Ahepa 250-V Inc ($563k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $107k (24% of expenses). Other salaries and wages came to $65k. At year end it held assets of $693k against liabilities of $113k, net assets of $580k. It reported 3 employees.