Youth Development Initiatives Inc

Analysis

Youth Development Initiatives Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in March 2002, 24 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 September 2023, Youth Development Initiatives Inc reported income of $221k and spending of $219k, spending 99% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $195k to $221k (+14%), an average of +14% a year. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Development Initiatives Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Chris Paul Family Foundation Inc ($221k), Dallas Redhawks Baseball Club ($221k) and YMCA Woodson Park Qalicb Inc ($220k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $103k against liabilities of $96k, net assets of $6,097. It reported 4 employees.