Young Womens Preparatory Network

Analysis

Young Womens Preparatory Network is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2004, 22 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 June 2024, Young Womens Preparatory Network reported income of $5.9m and spending of $4.4m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.1m to $5.9m (+94%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Womens Preparatory Network sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include St Hope Leadership Academy ($5.9m), School Empowerment Network Inc ($5.9m) and Friends of New World Prep Inc ($5.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $416k (9.5% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.5m against liabilities of $507k, net assets of $8.0m. It reported 19 employees.