Neighborhood Youth Leadership Inc

Analysis

Neighborhood Youth Leadership Inc is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in November 1994, 32 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 June 2023, Neighborhood Youth Leadership Inc reported income of $8.3m and spending of $7.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $8.3m (+71%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Neighborhood Youth Leadership Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include East Bay Asian Youth Center ($8.3m), San Francisco City Impact ($8.4m) and Big Brothers Big Sisters of Greater Los Angeles Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $19.3m against liabilities of $19.5m, net assets of -$201k. It reported 106 employees.