Yz Project Inc

Analysis

Yz Project Inc is a registered charity in United States, based in Fair Lawn, NJ. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Yz Project Inc reported income of $1.4m and spending of $1.3m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $250k to $1.4m (+446%), an average of +446% a year. The sharpest change came in the year to December 2023, when income rose by 446%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Yz Project Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within NJ. Charities of a similar size with the same main cause include Zohar Hatorah Inc ($1.4m), Alliance of Confessing Evangelicals Inc ($1.4m) and Cedar Wood Foundation Inc ($1.4m).

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