Elite Youth Tour

Analysis

Elite Youth Tour is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elite Youth Tour reported income of $154k and spending of $155k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $154k (+8.9%), an average of +8.9% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elite Youth Tour sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($154k), Cleary Foundation for the Deaf Inc ($154k) and Drive Electric Florida Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $15k against liabilities of $12k, net assets of $3,266.