Yietz Vezer Inc

Analysis

Yietz Vezer Inc is a registered charity in United States, based in Spring Valley, NY. It received its IRS tax-exemption ruling in October 2016, 10 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 (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, Yietz Vezer Inc reported income of $480k and spending of $172k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $480k (+280%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 103%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Yietz Vezer Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Alabama Trucking Association Foundation ($480k), Carter County Drug Prevention Coalition ($481k) and Massachusetts Parents United Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $9,900. At year end it held assets of $1.1m against liabilities of $244k, net assets of $840k. It reported 1 employees.