Emerald Youth Foundation

Analysis

Emerald Youth Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in August 1992, 34 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, Emerald Youth Foundation reported income of $21.1m and spending of $9.5m, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20.6m to $21.1m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 284%. Over the whole period it spent 68% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Emerald Youth Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Merrimack Valley Young Mens Christian Association of NH Inc ($21.0m), Boys & Girls Clubs of San Francisco ($21.1m) and Girl Scouts of Western Washington ($21.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $185k (1.9% of expenses). Other salaries and wages came to $5.0m. It paid $90k in professional fundraising fees. At year end it held assets of $32.1m against liabilities of $40k, net assets of $32.1m. It reported 265 employees.