Yttmtl Inc

Analysis

Yttmtl Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Yttmtl Inc reported income of $73k and spending of $64k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $73k (-12%), an average of -12% a year. Over the whole period it spent 128% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yttmtl 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 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Rotary Club of Arlington Heights Charitable Foundation ($73k), Troy Rotary Foundation Inc ($73k) and National Charity League Inc Hill Country Chapter ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $3,000, net assets of $11k.