Yucatan Education Project

Analysis

Yucatan Education Project is a registered charity in United States, based in Seattle, WA. 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, Yucatan Education Project reported income of $258k and spending of $265k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $258k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 24%. 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, Yucatan Education Project sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Illinois School Counselor Association ($258k), Mid-Mitten Montessori ($258k) and Ballyneal Foundation ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.