Y-Knot Missions

Analysis

Y-Knot Missions is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Y-Knot Missions reported income of $182k and spending of $142k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $182k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Y-Knot Missions sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Shine on Sierra Leone Inc ($182k), USA for Nature Power Foundation ($183k) and All Seasons Community Services ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.