Youth Business Alliance Inc

Analysis

Youth Business Alliance Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Youth Business Alliance Inc reported income of $367k and spending of $340k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $228k to $367k (+61%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Youth Business Alliance Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Tulsa County Medical Society Foundation ($367k), We Love Buford Highway Inc ($367k) and United Way of Corinth and Alcorn County ($367k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $102k (30% of expenses). Other salaries and wages came to $136k. At year end it held assets of $79k against liabilities of $0, net assets of $79k. It reported 6 employees.