Positive Energy for Youth

Analysis

Positive Energy for Youth is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in March 2005, 21 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, Positive Energy for Youth reported income of $166k and spending of $225k, spending 136% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $372k to $166k (-55%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Positive Energy for Youth sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Cornerstone ($166k), West Florida Livestock Association ($166k) and Police Athletic League of Lincoln Park Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. At year end it held assets of $237k against liabilities of $24k, net assets of $213k.