Yes We Can World Foundation

Analysis

Yes We Can World Foundation is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in June 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 (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, Yes We Can World Foundation reported income of $251k and spending of $286k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $238k to $251k (+5.7%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yes We Can World Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Wex Foundation ($251k), TNM Foundation ($251k) and Kingsport Christian Academy ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (30% of expenses). Other salaries and wages came to $119k. At year end it held assets of $175k against liabilities of $0, net assets of $175k.