Texas Youth Development Corporation

Analysis

Texas Youth Development Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2022, 4 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 July 2023, Texas Youth Development Corporation reported income of $80k and spending of $123k, spending 152% of what it took in. Across the 6 years on record, from July 2018 to July 2023, income grew from $33k to $80k (+146%), an average of +20% a year. The sharpest change came in the year to July 2019, when income rose by 1258%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Texas Youth Development Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Dauphin Athletic Assn ($80k), World of Girls & Boys Leadership ($80k) and Girldefined Ministries Inc ($80k).

At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.