Excellence & Ambition Inc
Analysis
Excellence & Ambition Inc is a registered charity in United States, based in Owings Mills, MD. It received its IRS tax-exemption ruling in July 2016, 10 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, Excellence & Ambition Inc reported income of $160k and spending of $162k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $151k to $160k (+5.9%), an average of +5.9% a year. 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, Excellence & Ambition Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Sports Konnect Inc ($160k), Borden County Junior Livestock Association Inc ($160k) and Be Your Own Hero Inc ($160k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $10k against liabilities of $2,334, net assets of $8,129.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sports Konnect Inc | Miami | $160k |
| Borden County Junior Livestock Association Inc | Gail | $160k |
| Be Your Own Hero Inc | Williamsville | $160k |
| Apex Youth Services Inc | Omaha | $160k |