Empower Youth in the Performing Arts Inc

Analysis

Empower Youth in the Performing Arts Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Empower Youth in the Performing Arts Inc reported income of $573k and spending of $587k, spending 103% of its income. Across the 3 years on record, from September 2019 to September 2023, income grew from $462k to $573k (+24%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 51%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Empower Youth in the Performing Arts Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Yellow Farmhouse Education Center ($573k), Red Mill Museum Village Inc ($573k) and Santram Bhakta Samaj Inc ($573k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.

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.