Exalt Youth
Analysis
Exalt Youth is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2024, Exalt Youth reported income of $4.0m and spending of $7.5m, spending 187% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $4.0m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2022, when income rose by 141%. Over the whole period it spent 88% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Exalt Youth sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of the Greater Chippewa Valley Inc ($4.0m), Rapid City Club for Boys Inc ($4.0m) and Girl Scouts of the Missouri Heartland Inc ($4.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $480k (6.4% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $7.8m against liabilities of $2.0m, net assets of $5.9m. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boys & Girls Club of the Greater Chippewa Valley Inc | Eau Claire | $4.0m |
| Rapid City Club for Boys Inc | Rapid City | $4.0m |
| Girl Scouts of the Missouri Heartland Inc | Springfield | $4.0m |
| Girl Scouts of Southern Illinois | Glen Carbon | $4.0m |