Yadkin Valley United Fund Inc

Analysis

Yadkin Valley United Fund Inc is a registered charity in United States, based in Elkin, NC. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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, Yadkin Valley United Fund Inc reported income of $182k and spending of $193k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $182k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yadkin Valley United Fund Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Greater Middletown Chorale Inc ($182k), McKim Community Association Inc ($182k) and Bellevue International School Ptsa 2 3 121 ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $16k. At year end it held assets of $358k against liabilities of $160k, net assets of $198k. It reported 1 employees.