Yerkes Future Foundation Inc

Analysis

Yerkes Future Foundation Inc is a registered charity in United States, based in Williams Bay, WI. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yerkes Future Foundation Inc reported income of $1.8m and spending of $2.9m, spending 165% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $6.5m to $1.8m (-73%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yerkes Future Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include Montessori Elementary School of Columbia Inc ($1.8m), Heartwood Az ($1.8m) and Krishnamurti Foundation of America ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $443k (15% of expenses). Other salaries and wages came to $658k. At year end it held assets of $14.2m against liabilities of $104k, net assets of $14.1m. It reported 28 employees.