Young Kings and Queens Inc

Analysis

Young Kings and Queens Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in March 2017, 9 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 September 2023, Young Kings and Queens Inc reported income of $480k and spending of $412k, spending 86% of its income. Across the 3 years on record, from September 2020 to September 2023, income grew from $259k to $480k (+85%), an average of +36% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Kings and Queens Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Ivanhoe Youth Development Inc ($480k), Njsa Inc ($480k) and Long Beach Coalition to Prevent Underage Drinking Inc ($480k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $78k (19% of expenses). Other salaries and wages came to $114k. It paid $2,347 in professional fundraising fees. At year end it held assets of $244k against liabilities of $50k, net assets of $194k.