Yellow Rhino Ministries

Analysis

Yellow Rhino Ministries is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in December 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, Yellow Rhino Ministries reported income of $61k and spending of $60k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $61k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yellow Rhino Ministries sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Colorado Rural Schools Alliance ($61k), Semo Electric Foundation Inc ($61k) and Tehaleh Heights PTA 5 8 5 ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.