Youth Development Project Corporation

Analysis

Youth Development Project Corporation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 2018, 8 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 December 2023, Youth Development Project Corporation reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $794k to $1.3m (+60%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Development Project Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Black Swan Academy Inc ($1.3m), Upward Bound Ministries Inc ($1.3m) and South Carolina Youth Shooting Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $72k (5.8% of expenses). Other salaries and wages came to $965k. At year end it held assets of $117k against liabilities of $77k, net assets of $40k.