Greater Ridgecrest Area Youth Development Initiative

Analysis

Greater Ridgecrest Area Youth Development Initiative is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Greater Ridgecrest Area Youth Development Initiative reported income of $632k and spending of $632k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $545k to $632k (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Ridgecrest Area Youth Development Initiative sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Moscow Day School Inc ($632k), Blossom School Inc ($632k) and Amazing Life Games Pre School ($632k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $94k (15% of expenses). Other salaries and wages came to $282k. At year end it held assets of $172k against liabilities of $33k, net assets of $139k. It reported 11 employees.