Alliance of Elite Youth Leadership

Analysis

Alliance of Elite Youth Leadership is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in July 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 2023, Alliance of Elite Youth Leadership reported income of $214k and spending of $383k, spending 178% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.5m to $214k (-85%), an average of -47% a year. The sharpest change came in the year to December 2022, when income rose by 230%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Alliance of Elite Youth Leadership sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include North Whidbey Soccer Club ($214k), Pendleton County Youth Fair Association Inc ($215k) and Black Brothers-Black Sisters Involvement ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $178k (46% of expenses). At year end it held assets of $653k against liabilities of $19k, net assets of $634k. It reported 2 employees.

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.