Youth Leadership of Memphis Inc

Analysis

Youth Leadership of Memphis Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 2004, 22 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, Youth Leadership of Memphis Inc reported income of $178k and spending of $159k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $178k (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Leadership of Memphis Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Positive Image ($178k), Viking Youth Football Association ($178k) and All Florida Junior Rodeoassociation Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $118k against liabilities of $66k, net assets of $51k. It reported 3 employees.