Encourage Me Im Young Inc

Analysis

Encourage Me Im Young Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Encourage Me Im Young Inc reported income of $143k and spending of $156k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $143k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Encourage Me Im Young Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Circa 1859 Inc ($143k), Maslow Development Inc ($143k) and Children and Adults Developmental Agency Programs -Cadaprograms- ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $19k, net assets of $20k.