My Life My Power World Inc

Analysis

My Life My Power World Inc is a registered charity in United States, based in Cutler Bay, FL. It received its IRS tax-exemption ruling in August 2012, 14 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 2022, My Life My Power World Inc reported income of $415k and spending of $280k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $785k to $415k (-47%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, My Life My Power World Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Andrew Shaw Memorial Trust ($414k), Wadena County Humane Society ($415k) and Reading Legacies ($414k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $543k against liabilities of $160k, net assets of $383k.