Yankton Thrive Foundation Inc

Analysis

Yankton Thrive Foundation Inc is a registered charity in United States, based in Yankton, SD. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2024, Yankton Thrive Foundation Inc reported income of $54k and spending of $2,595, leaving 95% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income fell from $66k to $54k (-18%), an average of -18% a year. The sharpest change came in the year to September 2024, when income dropped by 18%. Over the whole period it spent 2.9% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Yankton Thrive Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within SD. Charities of a similar size with the same main cause include Lets Go to Work Inc ($54k), RBRC II Inc ($54k) and Korean American Garment Ind Assoc ($54k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.