Powerhouse Youth Project

Analysis

Powerhouse Youth Project is a registered charity in United States, based in Lady Lake, FL. It received its IRS tax-exemption ruling in August 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 December 2023, Powerhouse Youth Project reported income of $80k and spending of $81k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $80k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Powerhouse Youth Project sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Whole Heart Family Ministries Inc ($80k), Revival Today Ministries of California Inc ($80k) and Ministry Gateway ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.