Liahona Academy for Youth Non Profit Organization

Analysis

Liahona Academy for Youth Non Profit Organization is a registered charity in United States, based in Saint George, UT. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Liahona Academy for Youth Non Profit Organization reported income of $2.7m and spending of $2.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.7m (+155%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Liahona Academy for Youth Non Profit Organization sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Boy Scouts of America ($2.7m), Leaders of Tomorrow Youth Center Inc ($2.7m) and Nafasi Fund ($2.7m).

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 $5,000 (0.2% of expenses). At year end it held assets of $586k against liabilities of $0, net assets of $586k.