Yellow Rose Chapter National Charity League Inc

Analysis

Yellow Rose Chapter National Charity League Inc is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2024, Yellow Rose Chapter National Charity League Inc reported income of $95k and spending of $116k, spending 121% of what it took in. Across the 3 years on record, from May 2022 to May 2024, income fell from $109k to $95k (-13%), an average of -6.5% a year. The sharpest change came in the year to May 2024, when income rose by 83%. Over the whole period it spent 135% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Yellow Rose Chapter National Charity League Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Allan Houston Legacy Foundation Inc ($95k), Bayou Micro Fund ($95k) and Pal Foundation of Crosslake ($95k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 27% and program service revenue 69% of the total. At year end it held assets of $47k against liabilities of $50, net assets of $47k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.