Yellow Bird Initiatives

Analysis

Yellow Bird Initiatives is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Yellow Bird Initiatives reported income of $60k and spending of $55k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $60k (-0.3%), an average of -0.3% a year. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Yellow Bird Initiatives sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include Rogersville Senior Citizens Housing Project Inc ($60k), New Start Housing Partners Inc ($60k) and Highland Homes for Elderly Inc ($60k).

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 $36k against liabilities of $42, net assets of $36k.