Yale Club of Washington D C

Analysis

Yale Club of Washington D C is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 1976, 50 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 June 2023, Yale Club of Washington D C reported income of $85k and spending of $58k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2019 to June 2023, income fell from $216k to $85k (-61%), an average of -37% a year. The sharpest change came in the year to June 2022, when income dropped by 64%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yale Club of Washington D C sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 16th percentile within DC. Charities of a similar size with the same main cause include The Buck Scholars Association Inc ($85k), Grove Rotary Foundation Inc ($85k) and Success Beyond the Classroom Foundation ($85k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 58% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.