Ypc National Inc

Analysis

Ypc National Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Ypc National Inc reported income of $157k and spending of $262k, spending 167% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $244k to $157k (-36%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 360%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ypc National Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Screenwriters Colony Inc ($157k), Music Company TMC ($157k) and Muslim Community Center of Capital District Inc ($157k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $102k (39% of expenses). At year end it held assets of $1.2m against liabilities of $301k, net assets of $938k. It reported 2 employees.