Youth Employment Academy

Analysis

Youth Employment Academy is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2013, 13 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, Youth Employment Academy reported income of $1.7m and spending of $1.7m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $666k to $1.7m (+149%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Employment Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Project Hawaii Inc ($1.7m), Ladies of Virtue NFP ($1.7m) and Duffys Hope Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $469k. At year end it held assets of $3.2m against liabilities of $3.0m, net assets of $174k. It reported 5 employees.