Yuva Pragati Inc

Analysis

Yuva Pragati Inc is a registered charity in United States, based in Cliffside PK, NJ. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Yuva Pragati Inc reported income of $243k and spending of $303k, spending 125% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $123k to $243k (+98%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 84%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yuva Pragati Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Podium Foundation ($243k), Northeast Greek Leadership Association ($243k) and Lycoming Learning Group ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.