Akron Youth Mentorship

Analysis

Akron Youth Mentorship is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in November 2011, 15 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 December 2023, Akron Youth Mentorship reported income of $271k and spending of $254k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $271k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Akron Youth Mentorship sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Supreme Family Foundation Inc ($271k), Mississippi Junior High School Rodeo Association ($271k) and LA Hermandad Hank Lacayo Youth and Family Center ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $47k (19% of expenses). Other salaries and wages came to $121k. At year end it held assets of $152k against liabilities of $13k, net assets of $139k. It reported 15 employees.