Young Visionaries Youth Leadership Academy

Analysis

Young Visionaries Youth Leadership Academy is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in April 2003, 23 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 December 2023, Young Visionaries Youth Leadership Academy reported income of $2.5m and spending of $2.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.5m (+103%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Visionaries Youth Leadership Academy sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Spencer Educational Foundation Inc ($2.5m), Cape Romain Environmental Education Charter School ($2.5m) and Summit Academy Community School - Warren ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $211k (9.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.8m against liabilities of $1.7m, net assets of $1.1m.