Yau High School Sciences Awards Overseas Inc

Analysis

Yau High School Sciences Awards Overseas Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in August 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, Yau High School Sciences Awards Overseas Inc reported income of $51k and spending of $158k, spending 307% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $200k to $51k (-74%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yau High School Sciences Awards Overseas Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Education for a Bright Future - Tanzania ($51k), Phi Sigma Pi Foundation ($51k) and Toronto High School Alumni Association Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.