Yoemem Tekia Foundation

Analysis

Yoemem Tekia Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in June 2019, 7 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, Yoemem Tekia Foundation reported income of $128k and spending of $107k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $128k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yoemem Tekia Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within AZ. Charities of a similar size with the same main cause include Alkemie Early Music Ensemble Inc ($128k), Oasis United Inc ($128k) and Golden Hornet Project Incorporated ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $40k (37% of expenses). Other salaries and wages came to $20k. At year end it held assets of $123k against liabilities of $0, net assets of $123k. It reported 11 employees.