Yellowhammer Fund

Analysis

Yellowhammer Fund is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 2022, Yellowhammer Fund reported income of $5.1m and spending of $1.8m, leaving 65% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.9m to $5.1m (+4.8%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 284%. Over the whole period it spent 61% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Yellowhammer Fund sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Youth Rights & Justice ($5.1m), Magcor Industries ($5.1m) and Atlanta Fulton County Prearrest Diversion Initiative Inc ($5.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $166k (9.3% of expenses). Other salaries and wages came to $375k. It paid $74k in professional fundraising fees. At year end it held assets of $4.6m against liabilities of $32k, net assets of $4.6m. It reported 8 employees.