New Image Youth Center Inc

Analysis

New Image Youth Center Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 2008, 18 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, New Image Youth Center Inc reported income of $4.0m and spending of $723k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $324k to $4.0m (+1137%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 376%. Over the whole period it spent 34% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, New Image Youth Center Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Project Sentinel ($4.0m), Hype Athletics Community Inc ($4.0m) and Boys & Girls Clubs of Sonoma Valley ($4.0m).

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 $29k (4.0% of expenses). Other salaries and wages came to $140k. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m. It reported 11 employees.