The Lowe Family Young Scholars Program Inc

Analysis

The Lowe Family Young Scholars Program Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in November 2007, 19 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, The Lowe Family Young Scholars Program Inc reported income of $176k and spending of $178k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $478k to $176k (-63%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 152%. Over the whole period it spent 42% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Lowe Family Young Scholars Program 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 OK. Charities of a similar size with the same main cause include Girls on the Run of Berks County ($176k), Byrd House Behavioral Youth Resource Development Incorporated ($176k) and Armory Youth Project ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 4 employees.