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Right Moves for Youth Inc

RegisteredEIN 56-1834718Charlotte, NCPoverty relief
Income$1.0m2023-06
Spending$992ksame year
Spent / received97%4-year average
Size in its cause76th pctPoverty relief
Exempt since1994Publicly supported organisat
Employees14latest return

Analysis

Right Moves for Youth Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Right Moves for Youth Inc reported income of $1.0m and spending of $992k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $618k to $1.0m (+69%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Right Moves for Youth Inc 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 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include St Clair County D a Y Program Inc ($1.0m), 111project Inc ($1.0m) and Brite New Horizons Services Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $112k (11% of expenses). Other salaries and wages came to $455k. At year end it held assets of $992k against liabilities of $145k, net assets of $846k. It reported 14 employees.

Income and spending

$0$262k$524k$786k$1.0m2020 Income: $618,0052020 Spending: $708,66820202021 Income: $779,5472021 Spending: $668,34620212022 Income: $888,8412022 Spending: $852,21220222023 Income: $1,047,4772023 Spending: $991,9652023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
St Clair County D a Y Program IncAshville$1.0m
111project IncOklahoma City$1.0m
Brite New Horizons Services IncDowney$1.0m
Positive Spin IncTampa$1.0m