Foundation for the Young Womens Leadership Academy of Fort Worth

Analysis

Foundation for the Young Womens Leadership Academy of Fort Worth is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Foundation for the Young Womens Leadership Academy of Fort Worth reported income of $566k and spending of $485k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $503k to $566k (+12%), an average of +3.0% a year. The sharpest change came in the year to August 2022, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for the Young Womens Leadership Academy of Fort Worth 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 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Wings Homeschool Group ($565k), Multicultural Learning Center Foundation ($566k) and Union Academy Private Prekindergarten ($565k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $134k (28% of expenses). At year end it held assets of $445k against liabilities of $23k, net assets of $422k. It reported 3 employees.