Yemen Aid Inc

Analysis

Yemen Aid Inc is a registered charity in United States, based in Yonkers, NY. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Yemen Aid Inc reported income of $18.4m and spending of $17.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $18.4m (+463%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 643%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Yemen Aid Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Humanitarian Experience Inc ($18.2m), Innovation Africa ($18.4m) and Itrek Inc ($17.8m).

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 $91k (0.5% of expenses). Other salaries and wages came to $52k. At year end it held assets of $2.0m against liabilities of $11k, net assets of $2.0m. It reported 2 employees.