Escot Youth Development Inc

Analysis

Escot Youth Development Inc is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Escot Youth Development Inc reported income of $373k and spending of $402k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $252k to $373k (+48%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Escot Youth Development Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Central Virginia United Soccer Inc ($373k), Bloomington Youth Soccer Club ($373k) and Girdwood Forest Fair ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $79k. At year end it held assets of $159k against liabilities of $7,657, net assets of $151k. It reported 6 employees.