Young Actors Guild Inc

Analysis

Young Actors Guild Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Young Actors Guild Inc reported income of $315k and spending of $475k, spending 151% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $214k to $315k (+47%), an average of +8.1% a year. The sharpest change came in the year to December 2019, when income rose by 187%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Actors Guild Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Broad and Liberty Inc ($315k), Espoir Youth Programs Inc ($315k) and Babylon Breast Cancer Coalition Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $136k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.