Yachatsnews

Analysis

Yachatsnews is a registered charity in United States, based in Yachats, OR. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Yachatsnews reported income of $121k and spending of $82k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $121k (+63%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yachatsnews sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OR. Charities of a similar size with the same main cause include Childrens Complex Inc ($121k), The Folk Project ($121k) and Macnider Art Museum Foundation ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.