Yes I Can Ministries

Analysis

Yes I Can Ministries is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 1967, 59 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Yes I Can Ministries reported income of $52k and spending of $83k, spending 161% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $104k to $52k (-51%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yes I Can Ministries sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Epicurean Club of Boston and Vicinity ($52k), Grosse Ile Historical Society ($52k) and Walter Kidder Parent Teacher Guild ($52k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,901 against liabilities of $8,471, net assets of -$2,570.