Nevada Youth Empowerment Project

Analysis

Nevada Youth Empowerment Project is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Nevada Youth Empowerment Project reported income of $355k and spending of $357k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $123k to $355k (+190%), an average of +30% a year. The sharpest change came in the year to September 2020, when income rose by 126%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nevada Youth Empowerment Project sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within NV. Charities of a similar size with the same main cause include Grace Beyond Borders Nwi Inc ($355k), Sullivan County Action Inc ($355k) and Never Alone Recovery Support Services ($355k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $93k (26% of expenses). Other salaries and wages came to $77k. At year end it held assets of $342k against liabilities of $52k, net assets of $290k. It reported 7 employees.