Young and Brave Inc

Analysis

Young and Brave Inc is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Young and Brave Inc reported income of $68k and spending of $107k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $68k (-38%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Young and Brave Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Hightstown First Aid Squad Inc ($68k), Rebos Inc ($68k) and Comprehensive Risk Reduction Foundation ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 122% of the total. Compensation of current officers, directors and key employees was $13k (12% of expenses). At year end it held assets of $138k against liabilities of $254, net assets of $138k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.