Westwood Youth Development Inc

Analysis

Westwood Youth Development Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westwood Youth Development Inc reported income of $118k and spending of $57k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $118k (+83%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 65% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Westwood Youth Development Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Ko-Op for Kids ($118k), Regents of the University of Minnesota ($118k) and Sima 100 ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.