Young Nation

Analysis

Young Nation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in April 2010, 16 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 August 2023, Young Nation reported income of $213k and spending of $205k, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $395k to $213k (-46%), an average of -14% a year. The sharpest change came in the year to August 2021, when income rose by 180%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Nation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Sasc ($213k), Girls on the Run of New Orleans ($213k) and Just for Me Academy Inc ($213k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $63k (31% of expenses). Other salaries and wages came to $26k. At year end it held assets of $735k against liabilities of $4,016, net assets of $731k. It reported 3 employees.