Empowering Youth for Everyday Success Inc

Analysis

Empowering Youth for Everyday Success Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Empowering Youth for Everyday Success Inc reported income of $401k and spending of $566k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $363k to $401k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Empowering Youth for Everyday Success Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include United Way of Williams County ($401k), Run to Stop It ($401k) and Taylor Family Foundation ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $136k. At year end it held assets of $419k against liabilities of $323k, net assets of $96k. It reported 1 employees.