Leading Youth Through Empowerment Inc

Analysis

Leading Youth Through Empowerment Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in November 2014, 12 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 December 2023, Leading Youth Through Empowerment Inc reported income of $1.2m and spending of $835k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $1.2m (+571%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 466%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leading Youth Through Empowerment Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within DE. Charities of a similar size with the same main cause include Questa Middle School Inc ($1.2m), KCS Building Company ($1.2m) and Iit Bhu Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $107k (13% of expenses). Other salaries and wages came to $445k. At year end it held assets of $765k against liabilities of $31k, net assets of $734k. It reported 11 employees.