Young Womens Leadership Academyfoundation Inc

Analysis

Young Womens Leadership Academyfoundation Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in December 2007, 19 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, Young Womens Leadership Academyfoundation Inc reported income of $2.7m and spending of $1.1m, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $750k to $2.7m (+254%), an average of +37% a year. The sharpest change came in the year to June 2021, when income rose by 317%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Womens Leadership Academyfoundation Inc 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 89th percentile within TN. Charities of a similar size with the same main cause include Freire Foundation ($2.7m), El Grito Inc ($2.7m) and Truckee Charter School Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $175k (16% of expenses). At year end it held assets of $22.6m against liabilities of $0, net assets of $22.6m. It reported 1 employees.