Young Black Leadership Alliance

Analysis

Young Black Leadership Alliance is a registered charity in United States, based in Charlotte, 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 June 2023, Young Black Leadership Alliance reported income of $1.5m and spending of $1.9m, spending 125% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $490k to $1.5m (+211%), an average of +25% a year. The sharpest change came in the year to June 2019, when income rose by 114%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Black Leadership Alliance sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include P S 11 Programs Inc ($1.5m), Boys & Girls Club of West Chester Liberty ($1.5m) and Midcoast Youth Center & Skatepark ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $161k (8.4% of expenses). Other salaries and wages came to $545k. At year end it held assets of $1.1m against liabilities of $82k, net assets of $1.1m. It reported 14 employees.