Youthprise

Analysis

Youthprise is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2011, 15 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 December 2023, Youthprise reported income of $17.8m and spending of $7.4m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $17.8m (+109%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youthprise sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Westminster Christian Academy Association ($17.8m), Sobrato Early Academic Language Program ($17.8m) and Dr Richard Izquierdo Health & Science Charter School ($17.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $318k (4.3% of expenses). Other salaries and wages came to $2.3m. It paid $76k in professional fundraising fees. At year end it held assets of $19.4m against liabilities of $1.5m, net assets of $17.8m. It reported 45 employees.