Youth Entrepreneur Institute

Analysis

Youth Entrepreneur Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2022, 4 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 September 2023, Youth Entrepreneur Institute reported income of $294k and spending of $315k, spending 107% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income grew from $212k to $294k (+39%), an average of +6.7% a year. The sharpest change came in the year to September 2019, when income rose by 101%. Over the whole period it spent 105% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Entrepreneur Institute sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include Goal Line Ministries Inc ($294k), Burkburnett Blacksox Inc ($295k) and Sophie Gerson Heathly Youth ($294k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $218k. At year end it held assets of $84k against liabilities of $103k, net assets of -$19k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.