Yuda Bands

Analysis

Yuda Bands is a registered charity in United States, based in Mapleton, UT. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Yuda Bands reported income of $165k and spending of $194k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $165k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yuda Bands sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within UT. Charities of a similar size with the same main cause include Kid Kare Project Inc ($165k), Authentic Leadership Inc ($165k) and Personal Money Management Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $54k (28% of expenses). At year end it held assets of $41k against liabilities of $12k, net assets of $29k. It reported 4 employees.