Yard Charities Inc

Analysis

Yard Charities Inc is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Yard Charities Inc reported income of $112k and spending of $89k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $231k to $112k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 27% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yard Charities Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within KS. Charities of a similar size with the same main cause include Charlottesville Swans Synchronized Swimming Inc ($112k), Thunder Youth Football ($112k) and LA Warriors Youth Basketball ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $739. At year end it held assets of $252k against liabilities of $0, net assets of $252k.