International Youth Business Innovation Promotion Inc

Analysis

International Youth Business Innovation Promotion Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, International Youth Business Innovation Promotion Inc reported income of $70k and spending of $2,114, leaving 97% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $1,063 to $70k (+6501%), an average of +6501% a year. The sharpest change came in the year to December 2022, when income rose by 6501%. Over the whole period it spent 37% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, International Youth Business Innovation Promotion Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Maven Youth ($70k), Fountain Inn Kid Enrichment Center ($70k) and Sterling Baseball Organization ($70k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,603 against liabilities of $0, net assets of $3,603.