Choo Smith Youth Empowerment Inc

Analysis

Choo Smith Youth Empowerment Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Choo Smith Youth Empowerment Inc reported income of $975k and spending of $728k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $231k to $975k (+323%), an average of +323% a year. The sharpest change came in the year to December 2023, when income rose by 323%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Choo Smith Youth Empowerment Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include Star Pal ($975k), Teton County 4-H Council ($978k) and Shiloh Summer Camp Inc ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.