Youth Mentoring Worldwide Inc

Analysis

Youth Mentoring Worldwide Inc is a registered charity in United States, based in Cadillac, MI. It received its IRS tax-exemption ruling in June 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, Youth Mentoring Worldwide Inc reported income of $681k and spending of $708k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $623k to $681k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Mentoring Worldwide Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Ignite Worldwide ($681k), Housatonic Youth Service Bureau Inc ($681k) and Grove City Kids Association ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (2.1% of expenses). Other salaries and wages came to $357k. At year end it held assets of $504k against liabilities of $103k, net assets of $401k. It reported 6 employees.