Young Americas Business Trust

Analysis

Young Americas Business Trust is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1999, 27 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, Young Americas Business Trust reported income of $494k and spending of $634k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $978k to $494k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Young Americas Business Trust sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 43rd percentile within DC. Charities of a similar size with the same main cause include Georgia High School Rodeo Association Inc ($494k), Youth Leadership Incubator Inc ($494k) and Working Theory Farm ($494k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $322k (51% of expenses). At year end it held assets of $34k against liabilities of $173k, net assets of -$139k.