Xcel Strategies

Analysis

Xcel Strategies is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in August 2014, 12 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, Xcel Strategies reported income of $822k and spending of $820k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $324k to $822k (+153%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Xcel Strategies sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Hearts in Action International Inc ($821k), Communities in Schools of Lakewood Wa ($822k) and Youth with a Mission Asheville Inc ($821k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). At year end it held assets of $300k against liabilities of $6,536, net assets of $293k.