Yx Gives

Analysis

Yx Gives is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Yx Gives reported income of $163k and spending of $187k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $163k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Yx Gives sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Cohasset Local Education Foundation Ltd ($163k), Anderson Assistance Foundation ($163k) and Poulsbo - North Kitsap Rotary Foundation ($163k).

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 $5,459 against liabilities of $0, net assets of $5,459.