Yuma Private Industry Council Incorporated

Analysis

Yuma Private Industry Council Incorporated is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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 June 2023, Yuma Private Industry Council Incorporated reported income of $11.8m and spending of $11.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.9m to $11.8m (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yuma Private Industry Council Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Legal Aid Society of Middle Tennessee and the Cumberlands ($11.7m), Illinois Public Health Association ($11.8m) and The Fletcher School Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $134k (1.1% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.9m against liabilities of $3.9m, net assets of $935k. It reported 75 employees.