Ycii Inc

Analysis

Ycii Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Ycii Inc reported income of $316k and spending of $160k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $6.1m to $316k (-95%), an average of -63% a year. The sharpest change came in the year to December 2022, when income rose by 160%. Over the whole period it spent 15% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ycii Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include East Coweta Band Boosters Inc ($316k), Permian Basin Honor Flight Inc ($316k) and Association of Indo Americans ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.