Youth Programs Inc

Analysis

Youth Programs Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Programs Inc reported income of $4.5m and spending of $4.5m, spending 101% of its income. Across the 6 years on record, from October 2019 to December 2023, income grew from $2.4m to $4.5m (+88%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 59398%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Youth Programs Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Georgia Community Foundation Inc ($4.5m), Evanston Community Foundation Inc ($4.5m) and Colorado Springs Health Foundation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Other salaries and wages came to $121k. At year end it held assets of $5.9m against liabilities of $3.0m, net assets of $2.9m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.