Yolanys Hope Inc

Analysis

Yolanys Hope Inc is a registered charity in United States, based in Commerce, GA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Yolanys Hope Inc reported income of $113k and spending of $222k, spending 197% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $571k to $113k (-80%), an average of -80% a year. The sharpest change came in the year to December 2023, when income dropped by 80%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yolanys Hope Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Petaluma Holy Ghost Society ($113k), Hettie Lue Brooks Ministries Inc ($113k) and Kim Maas Ministries Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.