Collective for Youth

Analysis

Collective for Youth is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 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 June 2023, Collective for Youth reported income of $14.9m and spending of $8.9m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.2m to $14.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2023, when income rose by 271%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collective for Youth sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NE. Charities of a similar size with the same main cause include Friends Of@prospect Schools Ny Inc ($14.9m), Unity Preparatory Charter School of Brooklyn ($15.0m) and Friends of Breakthrough Schools ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $137k (1.5% of expenses). Other salaries and wages came to $439k. At year end it held assets of $19.5m against liabilities of $2.5m, net assets of $17.0m. It reported 7 employees.