Youth Leadership Academy

Analysis

Youth Leadership Academy is a registered charity in United States, based in Pickens, SC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Youth Leadership Academy reported income of $3.4m and spending of $3.5m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $3.4m (+111%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Leadership Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Eastern Shore Regional Library Inc ($3.4m), West Michigan Center for Arts and Technology ($3.4m) and Riverside Science Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of $36k.

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.