Yunus Emre Foundation Inc

Analysis

Yunus Emre Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Yunus Emre Foundation Inc reported income of $2.0m and spending of $871k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $606k to $2.0m (+228%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yunus Emre Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 67th percentile within DC. Charities of a similar size with the same main cause include Youth Communication New York Center Inc ($2.0m), Michigan Humanities Council ($2.0m) and Society for Industrial Microbiology and Biotechnology ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (11% of expenses). Other salaries and wages came to $94k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 5 employees.