Yuan Foundation

Analysis

Yuan Foundation is a registered charity in United States, based in N Bethesda, MD. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Yuan Foundation reported income of $534k and spending of $425k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $260k to $534k (+106%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yuan Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Reality Outreach Ministries Inc ($534k), Ua-Pb Alumni Scholarship Endowment Fund University of Arkansas ($534k) and Art League of Hilton Head Island Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $112k (26% of expenses). Other salaries and wages came to $102k. At year end it held assets of $438k against liabilities of $276k, net assets of $162k. It reported 3 employees.