Nathan Yip Foundation

Analysis

Nathan Yip Foundation is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in May 2003, 23 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, Nathan Yip Foundation reported income of $486k and spending of $440k, spending 91% of its income. Across the 6 years on record, from March 2019 to December 2023, income grew from $314k to $486k (+55%), an average of +9.1% a year. The sharpest change came in the year to December 2023, when income rose by 275%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nathan Yip Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Raymond C Rude Supporting Foundation ($486k), Security Mutual Life Insurance Company Flood Relief Charitable TR ($486k) and Matt 25 Inc ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $78k. At year end it held assets of $628k against liabilities of $84k, net assets of $544k. It reported 1 employees.