Movement of Youth Incorporated

Analysis

Movement of Youth Incorporated is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in February 2009, 17 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 December 2023, Movement of Youth Incorporated reported income of $420k and spending of $555k, spending 132% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $270k to $420k (+56%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Movement of Youth Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Future Farmers of America ($420k), Youth for Christ USA Inc ($420k) and Mentor North ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $112k (20% of expenses). Other salaries and wages came to $160k. At year end it held assets of $58k against liabilities of $152k, net assets of -$94k. It reported 6 employees.