Youth Encouragement Services Inc

Analysis

Youth Encouragement Services Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1959, 67 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Youth Encouragement Services Inc reported income of $888k and spending of $1.1m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $563k to $888k (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 461%. Over the whole period it spent 61% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Youth Encouragement Services Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Lift for Life Gym ($888k), Court Time Foundation Inc ($889k) and Leadership Austin ($888k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $92k (8.5% of expenses). Other salaries and wages came to $372k. It paid $14k in professional fundraising fees. At year end it held assets of $3.7m against liabilities of $109k, net assets of $3.6m. It reported 29 employees.