Transforming Youth Movement

Analysis

Transforming Youth Movement is a registered charity in United States, based in Concord, NC. It received its IRS tax-exemption ruling in August 2015, 11 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 June 2023, Transforming Youth Movement reported income of $870k and spending of $922k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $841k to $870k (+3.5%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Transforming Youth Movement sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Jackson Optimist Charitable Fund Inc ($870k), Growing Hope Inc ($871k) and Concrete Safaris Inc ($870k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $565k. At year end it held assets of $46k against liabilities of $19k, net assets of $28k. It reported 30 employees.