You Have the Power Know How to Use It Inc
Analysis
You Have the Power Know How to Use It Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, You Have the Power Know How to Use It Inc reported income of $268k and spending of $366k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $331k to $268k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 105% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, You Have the Power Know How to Use It Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Soroptimist International of the Americas Inc ($267k), Mi Casa ($268k) and Citizens for Prison Reform ($267k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $103k (28% of expenses). Other salaries and wages came to $111k. At year end it held assets of $52k against liabilities of $1,390, net assets of $50k.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 12%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Soroptimist International of the Americas Inc | Whitefish | $267k |
| Mi Casa | Winston Salem | $268k |
| Citizens for Prison Reform | Lansing | $267k |
| Rahama | Buffalo | $268k |