Wabanaki Youth in Science

Analysis

Wabanaki Youth in Science is a registered charity in United States, based in Old Town, ME. It received its IRS tax-exemption ruling in August 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, Wabanaki Youth in Science reported income of $993k and spending of $761k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $383k to $993k (+159%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 62% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Wabanaki Youth in Science sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within ME. Charities of a similar size with the same main cause include Jog-Miami Valley ($993k), Center for Excellence ($993k) and Youth Conference Ministries Inc ($992k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $6,000 (0.8% of expenses). Other salaries and wages came to $401k. At year end it held assets of $986k against liabilities of $80k, net assets of $906k.