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Youth Striving for Excellence

RegisteredEIN 62-1552590Memphis, TNReligion
Income$97k2024-06
Spending$83ksame year
Spent / received88%5-year average
Size in its cause42nd pctReligion
Exempt since1994Publicly supported organisat
Employees2latest return

Analysis

Youth Striving for Excellence is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Youth Striving for Excellence reported income of $97k and spending of $83k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $72k to $97k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Youth Striving for Excellence sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include E S C a P E Ministries Inc ($97k), Shomrei Hakotel - the Jewish Heritage Preservation Society Inc ($97k) and Teen Impact Inc ($97k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $30k (37% of expenses). Other salaries and wages came to $635. At year end it held assets of $69k against liabilities of $668, net assets of $69k. It reported 2 employees.

Income and spending

$0$30k$60k$91k$121k2020 Income: $71,5012020 Spending: $83,17220202021 Income: $52,6792021 Spending: $53,99420212022 Income: $120,9162022 Spending: $68,67520222023 Income: $76,0352023 Spending: $78,89320232024 Income: $97,3962024 Spending: $83,2902024
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 2.4%

Similar-sized charities, same cause

CharityLocationIncome
E S C a P E Ministries IncCleveland$97k
Shomrei Hakotel - the Jewish Heritage Preservation Society IncInwood$97k
Teen Impact IncCarlsbad$97k
Fuse Christian Concerts IncRaynham$97k