Youth Empowerment Services

Analysis

Youth Empowerment Services is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 2000, 26 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 June 2023, Youth Empowerment Services reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.9m (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Empowerment Services sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Summit Academy School for Alternative Learners-Warren Middle ($1.9m), Siue Charter School ($1.9m) and LA Escuelita Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (7.1% of expenses). Other salaries and wages came to $733k. At year end it held assets of $1.4m against liabilities of $981k, net assets of $417k. It reported 16 employees.