Youth Empowerment Finest Inc

Analysis

Youth Empowerment Finest Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 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 Empowerment Finest Inc reported income of $1.5m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $1.5m (+469%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Empowerment Finest Inc 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 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include South Florida After-School All- Stars Inc ($1.5m), Divine Institute Inc ($1.5m) and Boys & Girls Club of West Chester Liberty ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $163k (12% of expenses). Other salaries and wages came to $684k. At year end it held assets of $423k against liabilities of $332k, net assets of $91k. It reported 22 employees.