Global Youth Initiative for Transformation

Analysis

Global Youth Initiative for Transformation is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Global Youth Initiative for Transformation reported income of $65k and spending of $20k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $65k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Global Youth Initiative for Transformation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Way of Hope India ($65k), Dots Kitchen of Westminster ($65k) and Candy for Caring Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,302 against liabilities of $0, net assets of $8,302.