Academy for Youth Empowerment

Analysis

Academy for Youth Empowerment is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in February 2000, 26 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, Academy for Youth Empowerment reported income of $69k and spending of $101k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $69k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Academy for Youth Empowerment sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Spartan Youth Football ($69k), Leadership Education and Development Inc ($69k) and Red Angus Foundation Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.