Yhb Charitable Endowment Inc
EIN: 262552404 · West Hartford, CT · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $11.8M |
| Total Expenses | $2.1M |
| Net Assets | $25.0M |
Is Yhb Charitable Endowment Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Yhb Charitable Endowment Inc
Yhb Charitable Endowment Inc (EIN: 262552404) is a nonprofit organization based in West Hartford, CT, classified under NTEE code T30. The organization reported total revenue of $11.8M and total assets of $28.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yhb Charitable Endowment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yhb Charitable Endowment Inc is a large nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 38.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$3.3M |
| Total Assets | $25.0M |
| Net Assets | $25.0M |
| Operating Margin | 61.0% |
| Months of Reserves | 141.1 months |
Financial Health Grade: A
In 2023, Yhb Charitable Endowment Inc reported a surplus of $3.3M with revenue exceeding expenses, holds 141.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Yhb Charitable Endowment Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.4% | +0.8% | +15.7% |
| 2022 | +43.3% | +4.8% | +15.1% |
| 2021 | +49.8% | +10.0% | +24.8% |
| 2020 | -2.7% | -4.9% | +17.9% |
| 2019 | -6.4% | +22.7% | +21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Yhb Charitable Endowment Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Yhb Charitable Endowment Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.3M, with revenue exceeding expenses.
Frequently Asked Questions about Yhb Charitable Endowment Inc
Is Yhb Charitable Endowment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Yhb Charitable Endowment Inc (EIN: 262552404) insufficient data. 0 red flags identified, 0 strengths noted.
How does Yhb Charitable Endowment Inc spend its money?
Detailed spending breakdown data is not yet available for Yhb Charitable Endowment Inc. Check back for updated IRS 990 analysis.
Are donations to Yhb Charitable Endowment Inc tax-deductible?
Yhb Charitable Endowment Inc is registered as a tax-exempt nonprofit (EIN: 262552404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Yhb Charitable Endowment Inc located?
Yhb Charitable Endowment Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 262552404. It is classified under NTEE code T30.
How many years of IRS 990 filings does Yhb Charitable Endowment Inc have?
Yhb Charitable Endowment Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.8M in total revenue.
Filing History
IRS 990 filing history for Yhb Charitable Endowment Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Yhb Charitable Endowment Inc's revenue has grown by 4738.7%, moving from $113K to $5.4M. Total assets increased by 18362.6% over the same period, from $135K to $25.0M. Total functional expenses rose by 1598.9%, from $125K to $2.1M. In its most recent filing year (2023), Yhb Charitable Endowment Inc reported a surplus of $3.3M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $2.1M | $25.0M | $0 | — | — |
| 2022 | $8.7M | $2.1M | $21.6M | $0 | — | View 990 |
| 2021 | $6.1M | $2.0M | $18.8M | $0 | — | View 990 |
| 2020 | $4.1M | $1.8M | $15.0M | $0 | — | View 990 |
| 2019 | $4.2M | $1.9M | $12.7M | $0 | — | View 990 |
| 2018 | $4.4M | $1.6M | $10.5M | $0 | — | View 990 |
| 2017 | $2.6M | $668K | $9.6M | $0 | — | View 990 |
| 2016 | $2.1M | $546K | $7.2M | $0 | — | View 990 |
| 2015 | $1.2M | $135K | $5.8M | $0 | — | View 990 |
| 2014 | $2.6M | $80K | $5.1M | $0 | — | View 990 |
| 2013 | $2.2M | $104K | $2.5M | $0 | — | View 990 |
| 2012 | $551K | $144K | $552K | $0 | — | View 990 |
| 2011 | $113K | $125K | $135K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $2.1M, and assets of $25.0M (revenue -37.4% year-over-year).
- 2022: Revenue of $8.7M, expenses of $2.1M, and assets of $21.6M (revenue +43.3% year-over-year).
- 2021: Revenue of $6.1M, expenses of $2.0M, and assets of $18.8M (revenue +49.8% year-over-year).
- 2020: Revenue of $4.1M, expenses of $1.8M, and assets of $15.0M (revenue -2.7% year-over-year).
- 2019: Revenue of $4.2M, expenses of $1.9M, and assets of $12.7M (revenue -6.4% year-over-year).
- 2018: Revenue of $4.4M, expenses of $1.6M, and assets of $10.5M (revenue +69.6% year-over-year).
- 2017: Revenue of $2.6M, expenses of $668K, and assets of $9.6M (revenue +25.5% year-over-year).
- 2016: Revenue of $2.1M, expenses of $546K, and assets of $7.2M (revenue +77.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $135K, and assets of $5.8M (revenue -54.5% year-over-year).
- 2014: Revenue of $2.6M, expenses of $80K, and assets of $5.1M (revenue +19.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $104K, and assets of $2.5M (revenue +293.5% year-over-year).
- 2012: Revenue of $551K, expenses of $144K, and assets of $552K (revenue +390.0% year-over-year).
- 2011: Revenue of $113K, expenses of $125K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yhb Charitable Endowment Inc:
Data Sources and Methodology
This transparency report for Yhb Charitable Endowment Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.